China and the EU signed a memorandum of understanding, the "positive signal" of the photovoltaic trade war
representatives of China and the EU have signed a memorandum of understanding (MOU) to increase cooperation between the competition Department of the European Commission and China's anti-monopoly authorities
the memorandum of understanding follows the principles of the agreement between Premier Wen Jiabao of China and Chancellor Angela of Germany? Angela Merkel's dialogue and appeal on the EU's anti-dumping investigation against Chinese photovoltaic products, and created a cooperation framework for China's national development and Reform Commission (NDRC), China's State Administration of industry and Commerce and the European community
Joaqu í n Almunia, EU vice president in charge of competition policy, said: "the memorandum of understanding signed this time has taken an important step in further deepening the good relationship between Europe and China's anti-monopoly law enforcement agencies." "This will further promote our cooperation with China in the implementation of their respective competition laws."
the "positive signals" of competition and cooperation
the memorandum of understanding signed this time covers law, implementation, scientific and technological cooperation on cartel, other restrictive agreements and the abuse of dominant market conditions
under the new framework, institutions may discuss competition law and share non confidential information about one more case of innovation in foreign countries due to miscalculation in competition investigation. In addition, the EU pointed out that the agreement "sends a positive signal" in strengthening competition and cooperation
the signatories of this memorandum of understanding are the competition director general (DG), the national development and Reform Commission of China and the State Administration of industry and Commerce of China. In 2004, the General Administration for competition of the European Community signed a cooperation agreement with the Ministry of Commerce of China: the output value of the new material industry is expected to reach 10trillion yuan by 2025
the leaders of China and Germany seek consultation
the EU may impose punitive tariffs on Chinese photovoltaic products, which China has been outspoken and unequivocally opposed. On September 19, 2012, China's Xinhua agency called on China and the EU to seek a solution to the trade dispute through the EU China Summit, and said that the anti-dumping allegations against China by the German enterprise Solarworld Ag were "untenable"
at the summit held in Brussels on September 20, 2012, Chinese Premier Wen Jiabao said that the EU should abandon trade protectionism and put an end to trade rescue measures. German Chancellor Angela Merkel also called on the two major countries to seek a political solution and supported consultations with China. According to the announcement of China glass () department,
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