As China outlined new curbs on exports of rare earths and related technologies on Thursday, the European Commission expressed its hope that the Asian country will keep respecting agreements that protect the supply chain for European companies.
"President von der Leyen and President Kosta discussed these matters in detail with Chinese President Xi Jinping and Premier Li Chang during the EU-China summit held in Beijing this July," said a spokesperson on behalf of the European Commission on Thursday, adding that "at the summit, they agreed to upgrade the bilateral dialogue on trade to enhance transparency and establish guarantees for European companies, particularly in the supply of permanent magnets and rare earth elements."
