Translation. Region: Russian Federal
Source: People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
BEIJING, June 12 (Xinhua) — China is willing to continue efforts to review and approve eligible applications for rare earth metal-related export licenses, Ministry of Commerce spokesman He Yadong said Thursday.
According to him, based on relevant laws and regulations, China has already completed the examination and approval of a certain number of applications in the above-mentioned field, taking into full account the needs and concerns of various countries in the civil use of rare earth products.
“We have repeatedly emphasized that rare earth metals and related products have dual-use properties that can be used for both civilian and military purposes, so introducing controls on their export is a recognized international practice,” He Yadong said.
China is ready to step up work on reviewing applications in this area that comply with the country’s legal norms, and to intensify contacts and dialogue with interested countries on export control issues in order to simplify trade activities within the framework of regulatory requirements, a representative of the Ministry of Commerce of the People’s Republic of China assured. -0-