Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
BEIJING, June 7 (Xinhua) — China has approved a number of applications for rare earth export licenses, given growing global demand for medium and heavy rare earth elements from industries including robotics and electric vehicles (NEV), an official with the Ministry of Commerce said Saturday.
According to him, rare earth products have dual use – for both military and civilian purposes, and the introduction of export controls on such products is in line with recognized international practice.
The official stressed that the control measures are aimed at better ensuring national security and interests and fulfilling international non-proliferation obligations, reflecting China’s commitment to world peace and regional stability.
China will continue to strengthen compliance screening of applications and is willing to expand communication and dialogue on export control issues with relevant countries to promote compliant trade, a Ministry of Commerce official said. -0-