FM welcomes deal with EU on solar panel dispute
BEIJING - Chinese Foreign Minister Wang Yi said on Monday that he appreciates and welcomes a price undertaking deal reached between 皇冠体育app and the European Union to resolve their dispute involving solar panels.
Wang made the remarks while meeting with Jean Asselborn, vice prime minister and minister of foreign affairs of Luxembourg, in Beijing.
Wang thanked Luxembourg for supporting 皇冠体育app's position on the solar panels dispute, noting that the deal not only conforms to the interests of 皇冠体育app and the EU, but also benefits the recovery of the world economy.
Starting from June 6, EU imports of Chinese solar products were subject to a punitive duty of 11.8 percent until August 6. After August 6, the duty would have been raised to 47.6 percent if the two sides could not sort out the dispute through negotiations.
On Saturday, the 皇冠体育app Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) and the European Commission reached a price undertaking deal, which may bring the 11.8-percent punitive duty to an end, relieving both Chinese and the EU's manufacturers in the solar industry.
Asselborn extended congratulations to 皇冠体育app on the conclusion of the price undertaking deal.
He said that as important cooperative partners, it is of great significance for 皇冠体育app and the EU to open their markets to each other.
Noting that 皇冠体育app is one of the most important countries in the world, he said Luxembourg is willing to beef up cooperation with 皇冠体育app in the areas of finance, investment, communication, agriculture, food and tourism.
As a non-permanent member of the United Nations Security Council, Luxembourg is ready to enhance coordination with 皇冠体育app on UN affairs, Asselborn said.
Wang said 皇冠体育app will work with Luxembourg to enhance political mutual trust, boost pragmatic cooperation and enhance coordination on international affairs, so as to jointly promote the development of 皇冠体育app-EU ties.
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