US EditionEuropean Union Welcomes Suspension of China’s Rare Earth Controls
The EU welcomed China's 12-month export control suspension on rare earths to support global economy and climate goals, with daily bilateral trade worth €2.3 billion.
- The European Union welcomed China's recent 12-month suspension of rare earths export controls.
- The EU and China are working on an export licensing system to ensure a more stable flow of rare earth minerals to the bloc.
- Both sides reaffirmed their commitment to continue engagement on improving the implementation of export control policies.
22 Articles
22 Articles
Associated Press News
European Union welcomes suspension of China's rare earth controls
The European Union says it has reached an agreement with China to stabilize the flow of rare earth materials crucial for high-tech and military products.
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The European Union has set up a “special channel” to communicate with Chinese authorities to secure supplies of rare earths, which are vital to its industry, EU Trade Commissioner Maroš Šefčovič said on Wednesday during a visit to Kuwait, where he attended a trade forum of the Gulf Cooperation Council and the EU. The report comes from Reuters. The move follows China’s introduction of export controls on rare earths earlier this year, which raised…
The European Union has agreed with China to stabilize the flow of rare earth materials and products from China, which are critical elements for many high-tech and military products, one official reported on Tuesday.
Beijing introduced strict controls on the export of valuable elements in the spring
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