SHANGHAI] China is willing to accelerate the examination and approval of rare earth exports to European Union firms and will also deliver a verdict on its trade investigation of EU brandy imports by Jul 5,

China is set to expedite rare earth export approvals for EU firms and will decide on brandy import duties by July 5. Talks with the EU on electric vehicle pricing are nearing completion, signaling progress in trade relations.

China has agreed to fast-track approvals for the shipment of rare earth minerals to the United States and some European Union nations.