price commitments
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Latest Announcement from China’s Ministry of Commerce: Price Undertaking Negotiations on EU Electric Vehicle Case Enter Final Stage
China and the EU are in crucial talks regarding the EU’s probe into subsidized Chinese electric vehicles. Negotiations, particularly focusing on price commitments, signal potential progress toward a resolution, with work groups intensifying efforts for an agreeable outcome. The EU’s investigation, triggered by increased Chinese EV exports, led to preliminary findings and tariffs. The latest update suggests a renewed focus on price commitments, aiming to foster investment and cooperation.