Reporter: Recently, US officials and media claimed that China and the US have reached a supplementary understanding on the framework for implementing the Geneva consensus, China will speed up the export of rare earths to the US, and the US will correspondingly cancel relevant restrictions on China. What is the Ministry of Commerce’s comment this?
Answer: Under the guidance of the consensus reached by the heads of state of China and the US, the economic and trade teams of the two countries held economic and talks in London on June 9th and 10th, and reached a principled agreement on the framework for implementing the important consensus reached by the heads of state in phone call on June 5th and consolidating the achievements of the economic and trade talks in Geneva. After the London talks, the teams of China and the US have maintained close. Recently, with approval, both sides further confirmed the details of the framework. China will process applications for the export of controlled items that meet the conditions in accordance with the law. US will correspondingly cancel a series of restrictive measures taken against China. It is expected that the US and China will work in the same direction, further play the role of the ChinaUS economic and trade consultation mechanism in accordance with the important consensus and requirements of the heads of state in their phone call on June 5th, constantly enhance consensus, reduce misunderstand, strengthen cooperation, and jointly promote the healthy, stable, and sustainable development of China-US economic and trade relations.
Source: Xinhua News Agency, Ministry of website Editor: Ren Huafei
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