Dutch-Chinese Dialogue Over Nexperia BV Crisis

The Netherlands' Economy Minister discussed with China's Commerce Minister about resolving the impasse concerning Nexperia BV, a Dutch chip maker. This follows China's response to the Dutch government's control over Nexperia by blocking exports, which has unsettled European carmakers dependent on these chips.

The economy ministries of the Netherlands and China are engaged in discussions as tensions rise over Nexperia BV, the Dutch chip company whose control was recently seized by the Dutch government.

Minister Vincent Karremans announced talks with China's Commerce Minister Wang Wentao, focusing on resolving the export blockade imposed by China in response to this move.

The halt in chip exports to Europe is causing significant concerns among car manufacturers in the region who heavily rely on these components for their production lines.

(With inputs from agencies.)