(MENAFN- Qatar News Agency) Â German Chancellor Angela Merkel said her country would do everything it could to prevent the trade dispute between China and the EU from escalating to the point where the European Commission imposed import duties on Chinese panel makers.
"Germany will do what it can so that there are no permanent import duties and we'll try to clear things up as quickly as possible," Merkel told reporters after a meeting with Chinese Premier Li Keqiang in Berlin.
"We don't believe that this will help us so we want to use the next six months intensively," she added. T he European Union is considering whether to impose punitive import duties on solar panels from China after the United States levied its own duties last year - a move opposed by Beijing. China has threatened to retaliate if the EU pushes ahead with the investigation.
For his part, Li said a trade dispute between the EU and China would harm both sides and benefit neither. He said China was interested in both a two-way dialogue and consultation on how to resolve the issue.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.