China, EU agree to start talks on electric vehicle subsidies

By Leonie Cater | 06/25/2024 06:46 AM EDT

China’s Wang Wentao and EU’s Valdis Dombrovskis agreed to launch the consultations in a video call Saturday.

China and the EU on Saturday agreed to start consultations over the EU’s anti-subsidy investigation against Chinese electric vehicles.

“On June 22, Minister of Commerce Wang Wentao and Executive Vice President and Trade Commissioner of the European Commission Valdis Dombrovskis had video talks at the request of the latter,” the Chinese ministry posted on X. “The two sides agreed to start consultations on the EU’s anti-subsidy investigation into electric vehicles originating from China.”

In a statement, European Commission trade spokesperson Olof Gill said Dombrovskis and the Chinese minister had a “candid and constructive call on Saturday on the EU’s anti-subsidy investigation into battery electric vehicles produced in China.”

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“The two sides agreed to engage on the basis of facts and in full respect of WTO rules,” he added. “The EU side emphasized that any negotiated outcome to its investigation must to effective in addressing the injurious subsidization.” The two sides will “continue to engage at all levels in the coming weeks.”

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