"US-China Begin Export Control Information Exchange... Agreement on Forming Working Group"

Lummondo U.S. Secretary of Commerce - Chinese Minister of Commerce Meeting Outcomes Revealed

The United States and China will begin exchanging information on the implementation of export controls.

U.S. Secretary of Commerce Gina Raimondo (right) is meeting with Wang Wentao, China's Minister of Commerce (left), in Beijing, China, on the 28th.
[Image source=Reuters Yonhap News]

On the 28th, according to the U.S. Department of Commerce and major foreign media, the United States and China have agreed to form a new working group to address trade (commercial) issues. This agreement came after U.S. Secretary of Commerce Gina Raimondo, who is visiting China, held talks with Wang Wentao, China's Minister of Commerce, in Beijing.

The U.S. Department of Commerce emphasized that the exchange of information on export controls will provide a platform to reduce misunderstandings about U.S. security policies. The United States and China have long been at odds over export restrictions on semiconductors and rare minerals targeting each other.