Maroš Šefčovič🇪🇺
@MarosSefcovic
Commissioner for Trade and Economic Security as well as Interinstitutional Relations and Transparency @EU_Commission
1.3K Following 67.2K Followers
EU-CN trade needs real rebalancing. With Minister Wang Wentao we've reached a shared understanding to:
🔹halve HEV, PHEV exports
🔹improve access to China's market
🔹further ease rare earths export licensing.
A first step. I welcome the genuine engagement. We reconvene by Jan.
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Day one in China, with one goal: begin rebalancing our 🇪🇺🇨🇳 unsustainable trade deficit. I started by hearing directly from EU businesses here. The message around the table was clear: the need to improve access to the Chinese market, while boosting our economic security.
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