I European duties Chinese electric car imports have been in place since several daysbut changes in the short term are not excluded both in one sense (their repeal) and in another (confirmation without ifs or buts). The Chinese continue to express confidence in a definitive agreement, to the point of predicting a turning point in the negotiations that have been ongoing for weeks with the European Commission: in fact, according to the state broadcaster China Central Television, the two parties have reached “a technical consensus ” to resolve the trade dispute, thus paving the way for a possible agreement. However, the same signs of openness are not coming from Brussels. Therefore, uncertainty is still prevalent.
The negotiations. Europe and China have so far focused on interviews on specific commitments and in particular on a complex mechanism aimed at controlling the price of cars and limiting import volumes. Between 2 and 7 November there were several discussions which led to the first “technical progress” and the decision to continue the negotiations: “The consensus on price commitments refers to some specific agreements reached in this round of negotiations, the which also indicates that both sides are willing to focus their attention on negotiating fundamental interests and strive to achieve the same goal”, writes the Chinese TV on the social network Weibo. Beijing, therefore, seems confident. And the Europeans? According to Bloomberg, the Commission sees very limited progress in the negotiations and little prospect of a quick agreement, which has pushed the Dragon TV itself to attack the reconstructions on a proposal “not satisfactory” on the Chinese side and on “little” chances of closing the matter. For the broadcaster, such reports are “intentionally misleading the public and interfering with the negotiation process”.
What specific proposals do you believe could bridge the gap between Europe’s concerns over electric car imports and China’s ambitions in the European market?
Thank you for sitting down with me today. Can you tell me about your thoughts on the current status of negotiations between Europe and China over electric car imports and duties? How are you feeling about the potential for a resolution in the near future?
Guest 1: Certainly. As you mentioned, there seems to be some confusion surrounding the outcome of these negotiations. On one hand, China is expressing optimism about reaching a technical consensus on price commitments and limiting import volumes. However, Europe appears to be less than satisfied with the proposals made so far. Can you give us your thoughts on what might need to happen for both parties to come to an agreement on this pressing issue?
Guest 2: Absolutely. It’s clear that both sides have some important concerns to address in these negotiations. From the European perspective, controlling import volumes and ensuring fair pricing for domestic markets is crucial. How do you see these issues being resolved without causing further tension between the two economic powerhouses?
Guest 1: That’s a great point. It’s also worth noting that the timing of these negotiations is particularly significant given the ongoing global pandemic and its impact on industries like automotive. Do you think the pandemic has had any influence on the negotiating position of either side?
Guest 2: Yes, I think it’s fair to say that the pandemic has certainly added another layer of complexity to these negotiations. Both Europe and China are dealing with significant economic challenges, and finding a balance between protecting domestic industries and promoting trade can be difficult under normal circumstances. What do you think are some potential ways the two sides could navigate these challenges and reach a mutually beneficial agreement?
Guest 1: I completely agree. In your opinion, what do you see as the key sticking points in these negotiations? Is it primarily around the issue of electric car imports, or are there other factors at play?
Guest 2: Well, I think both parties are finding it difficult to reconcile their differing positions on specific commitments and long-term goals. China seems focused on expanding its presence in the European electric car market, while Europe is concerned about protecting its own manufacturers. How do you see these competing interests being balanced moving forward?
