DigiNepal
China and EU reach ‘understanding’ on hybrid vehicles after crunch trade talks
China and EU reach ‘understanding’ on hybrid vehicles after crunch trade talks
The European Union and China “reached an understanding” on trade in hybrid electric vehicles during marathon negotiations in Beijing on Friday, China’s commerce ministry said in a statement. Beijing is “willing to continue” fast-tracking licenses for rare earth mineral exports to Europe, while the sides will continue negotiations on reducing tariffs and creating minimum price deals that would…