The top trade officials from the European Union and China failed to reach a deal on ending a bitter dispute over electric vehicles during talks in Brussels on Thursday.
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However, the sides committed to intensify talks towards finding a negotiated solution to the quarrel, including taking a “renewed look at price undertakings”.
A European Commission readout described lengthy negotiations between EU trade commissioner Valdis Dombrovskis and Chinese Commerce Minister Wang Wentao as “frank and constructive”.
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“Both sides reaffirmed their political will to pursue and intensify efforts in finding a mutually agreeable solution, which would need to be effective in addressing the problem, enforceable, monitorable, as well as WTO-compatible. The two sides agreed to take a renewed look at price undertakings,” the commission’s account read.
