EU Envoy: One-Year Pause in Rare Earth Controls Offers Chance to Reset China-EU Ties
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The European Union's ambassador to China says a recent suspension of strict rare earth export controls has brought "new stability" to the relationship. Jorge Toledo stated this provides a critical one-year window for the two sides to improve strained relations.
Toledo made these remarks at a forum in Beijing on Thursday. He acknowledged that the EU's relationship with China remains "difficult." This assessment comes despite a high-profile summit between European and Chinese leaders in July.
Rare earths are a group of 17 metals vital for manufacturing high-tech products, from smartphones to electric vehicles and military equipment. China is the world's leading producer of these elements. Its decision to pause export restrictions is seen as a significant diplomatic gesture.