Saturday | 5 October 2024 | Reg No- 06
বাংলা
   
Saturday | 5 October 2024 | Epaper
BREAKING: Sailor dies after oil tanker catches fire in Ctg      Ex-president Badruddoza Chowdhury passes away      Killing during students' movement: 9 bodies to be exhumed in Sylhet      Malaysian prime minister leaves Dhaka for home      CA seeks Malaysian support for Bangladesh to be ASEAN dialogue partner      Malaysian PM assures of attention to 18,000 Bangladesh workers       Bid to kill Khaleda Zia: Sheikh Hasina among 113 sued      

Chinese trade group slams unfair EU tariffs on EVs

Published : Thursday, 22 August, 2024 at 12:00 AM  Count : 90
BRUSSELS, Aug 21: A group representing Chinese companies on Tuesday said the European Commission's plan to slap import duties of up to 36 percent on Chinese electric cars was "unfair" and would worsen trade tensions.

The Chinese Chamber of Commerce to the EU (CCCEU) "expresses its strong dissatisfaction and firm opposition to the EC's protectionist approach," the group said in a statement.

"The EC's unfair use of trade tools to hinder free trade in electric vehicles, along with this protectionist approach, will ultimately weaken the resilience of the European electric vehicle industry," the group said.

"It will exacerbate trade tensions between China and the EU, sending a profoundly negative signal to global cooperation and green development," it warned.

Brussels last month slapped Chinese EVs with hefty provisional tariffs of up to 38 percent -- on top of current duties of 10 percent -- after an anti-subsidy probe found they were unfairly undermining European rivals.

On Tuesday the commission released a draft plan to make those tariffs definitive, at slightly revised rates, subject to input from interested parties by end-August, and to approval by EU member states by end-October.

A European Commission official said the EU executive remained "open" to resolving the dispute without resorting to tariffs -- but that the ball was in China's camp to offer an alternative solution.    —AFP



LATEST NEWS
MOST READ
Also read
Editor : Iqbal Sobhan Chowdhury
Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka.
Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000.
Phone: PABX- 41053001-06; Online: 41053014; Advertisement: 41053012.
E-mail: info©dailyobserverbd.com, news©dailyobserverbd.com, advertisement©dailyobserverbd.com, For Online Edition: mailobserverbd©gmail.com
🔝