Skip to Content Facebook Feature Image

PM Store on Norway not joining EU in EV tariffs

China

China

China

PM Store on Norway not joining EU in EV tariffs

2024-09-14 09:47 Last Updated At:16:57

Norway is not part of the European Union's trade policy in terms of imposing tariffs on Chinese new energy vehicles (NEVs) because tariffs often trigger retaliation and will benefit no one, said Norwegian Prime Minister Jonas Gahr Store in an interview with China Media Group on Tuesday.

In an interview on a high-speed train from Beijing to Shanghai, Store said Norwegian consumers should have access to all cars they wish to buy.

In the coming weeks, the EU countries are going to decide whether to impose additional tariffs on Chinese NEVs and Norway has decided not to join EU in doing that.

Store explained the rationale behind the Norwegian government's decision.

"Norway is not a member of the European Union, but we are closely associated with an agreement with the European market. So, we are not part of the European Union's trade policy. That's one reason why we are not part of this. Secondly, I think in general, one should not wish to have any of these kinds of tariffs because they are punitive tariffs, and they often trigger retaliation, and we all stand back losing from it. We don't produce cars. We are not part of this trade policy. And I don't want to put an extra burden on Norwegian consumers. They should have access to cars that they wish to buy," said Store.

He noted that electric cars now account for about 90 percent of all new cars sold in Norway.

The prime minister paid an official visit to China from Sept. 9 to 11, during which Chinese President Xi Jinping, Premier Li Qiang, and top legislator Zhao Leji met with him respectively in Beijing.

PM Store on Norway not joining EU in EV tariffs

PM Store on Norway not joining EU in EV tariffs

PM Store on Norway not joining EU in EV tariffs

PM Store on Norway not joining EU in EV tariffs

PM Store on Norway not joining EU in EV tariffs

PM Store on Norway not joining EU in EV tariffs

Next Article

Italian Minister warns China-EU trade frictions harm all parties

2024-09-18 15:28 Last Updated At:15:37

Italy does not want an escalation of trade frictions between the European Union and China, which will harm the interests of all parties involved, Italian Minister of Enterprises and Made in Italy, Adolfo Urso, said on Monday during a meeting with Chinese Minister of Commerce Wang Wentao in Rome. The two ministers exchanged views on the EU's anti-subsidy investigation into Chinese electric vehicles (EVs), and explored cooperation opportunities between Chinese and Italian small and medium-sized enterprises (SMEs).

Wang said China-Italy cooperation in the auto industry enjoys a solid foundation and has huge potential. China is willing to promote mutual investment in the sector to achieve mutual benefits and win-win results. However, he raised concerns that the EU's investigation into China's EVs has seriously affected the confidence of Chinese car companies to invest in Italy, which is not in Italy's long-term interest.

Urso emphasized Italy's unique advantages in research and development, design, and vehicle manufacturing, and welcomed investment from Chinese auto companies. He said that Italy does not want to see the escalation of trade frictions between the EU and China, which will harm the interests of all parties. He hopes that both sides will properly resolve the issue through dialogue and consultation.

Wang is currently visiting Europe to discuss the EU's trade policy regarding tariffs on Chinese EVs. He will meet with European Commission Vice President Valdis Dombrovskis on Thursday.

Italian Minister warns China-EU trade frictions harm all parties

Italian Minister warns China-EU trade frictions harm all parties

Recommended Articles