EU and China Agree to Stabilize Rare Earth Trade
Reading
The EU and China had a meeting about rare earth materials. These materials are very important for many products. An EU official said they agreed on making trade more stable.
Maroš Šefčovič met with Wang Wentao in Brussels to talk. They discussed China's rules on exporting rare earths. They also talked about EU rules for selling semiconductors.
Europe depends on China for rare earth materials. These are used in cars and other things. The EU wants a new, stable trade system for these important materials.
The EU is happy China stopped export controls for a year. They want a system for a steady flow of minerals. Šefčovič said they will keep talking about trade measures.
China is a very important trade partner for the EU. They trade a lot of goods every day. Both want stable trade for the world economy and share climate goals.
Questions
What did the EU and China discuss in their meeting?
They discussed rare earth materials and making trade more stable.
Who met in Brussels to talk about trade?
Maroš Šefčovič met with Wang Wentao.
Why does Europe depend on China?
Europe depends on China for rare earth materials used in cars and other products.
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