HotInfo Menu
✍️ EDITORIAL PICKS
Šefčovič announces EU agreements with China in Beijing

Šefčovič announces EU agreements with China in Beijing

The European Union and China reached an understanding on the issue of hybrid vehicles after two days of negotiations in Beijing. Slovak European Commissioner for Trade Maroš Šefčovič stated that the talks produced three agreements beneficial to the European Union. teraz.sk ↗

According to the joint statement, China is to limit exports of hybrid vehicles to the European market. Both sides also agreed on better access for selected European products to the Chinese market. The agreement also includes simplified issuance of export licenses for certain rare earths from China. aktuality.sk ↗

The EU and China also want to strengthen mutual dialogue and stabilize trade relations. They are to examine the possibility of reducing or eliminating tariffs on selected goods. Cooperation is also to be expanded within the trade monitoring mechanism. teraz.sk ↗

Both sides confirmed that trade relations should be in line with the rules of the World Trade Organization. According to the published information, the agreement on hybrid cars is meant to ease tensions between Brussels and Beijing, which in recent months have been linked to the growing export of Chinese vehicles to Europe and the issue of state subsidies. Trend ↗

Further developments will depend on how the agreed measures are implemented and on the continuation of negotiations on tariffs, market access, and the export of strategic raw materials. The EU and China declared their interest in strengthening dialogue and reducing trade barriers. STVR (Minúta po minúte) ↗

On Record

Maroš Šefčovič
Maroš Šefčovič Eurokomisár pre obchod
30.06.2026
„Prístup EÚ predstavuje opatrnú rovnováhu medzi záväzkami z obchodných dohôd, pravidlami WTO a potrebou zachovať diverzifikované dodávky."

Vysvetlenie nového režimu ciel a kvót na dovoz ocele platného od 1. júla 2026.

© HotInfo

Geographic locations

Location: Brussels
Bruxelles - Brussel, Brussel-Hoofdstad - Bruxelles-Capitale, Région de Bruxelles-Capitale - Brussels Hoofdstedelijk Gewest, België / Belgique / Belgien
Open in Google Maps
Location: China
Location: Europe
Economy & Business 👤 Maroš Šefčovič 👤 šefčovič 📍 brusel 📍 čína 📍 európa 📍 peking 🏢 európska únia 🏢 svetovej obchodnej organizácie
🕒

Live Updates

LIVE