EU and China Strive for Trade Agreement on Electric Vehicles
The European Union and China are seeking a mutually agreeable solution concerning tariffs on electric vehicles imported from China. EU Trade Commissioner Valdis Dombrovskis highlighted the need for an effective, enforceable, and WTO-compatible solution. Both sides agreed to reconsider price undertakings and instructed their teams to intensify efforts.

- Country:
- Belgium
The European Union and Beijing are working toward a 'mutually agreeable solution' concerning EU-imposed tariffs on Chinese electric vehicles, EU Trade Commissioner Valdis Dombrovskis stated on Thursday.
In a statement, Dombrovskis noted that both parties reaffirmed their commitment to finding an effective, enforceable, and WTO-compatible resolution.
Both sides also agreed to reevaluate price undertakings, with the directive for their teams to maximize efforts in achieving a mutually satisfactory outcome.
(With inputs from agencies.)
Advertisement
ALSO READ
Discussions are going on between India, US trade teams for expeditious conclusion of multi-sectoral Bilateral Trade Agreement: Govt.
Striking Gold: A Deep Dive into the India-US Bilateral Trade Agreement Negotiations
Trade Tensions: US Tariffs Challenge WTO Norms
China Challenges U.S. Tariffs at WTO Amid Escalating Trade War
India-UAE Free Trade Agreement Nears Conclusion, Promises Economic Growth