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CN MOC Spokesman: Adding Export Controls for Rare Metals to Reflect Concept of Coordinated Development & Security Control
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China's Ministry of Commerce (MOC), together with the General Administration of Customs, issued a public notice on the implementation of export controls on tungsten and other related items, imposing export controls on 25 rare metal products such as ammonium paratungstate and their technologies. A spokesperson for the MOC said that export controls on tungsten and other related items are a common international practice. As a major global producer and exporter of tungsten and other related items, China has long been firmly committed to fulfilling its international obligations in the area of non-proliferation. In accordance with the need to safeguard national security and interests, China has implemented export controls on specific related items in accordance with the law. The addition of relevant items this time reflects the concept of coordinated development and security control, which is conducive to better safeguarding national security and interests, better fulfilling international obligations such as non-proliferation, and ensuring the security and stability of the global industrial and supply chains. Exports that comply with relevant regulations will be permitted. AAStocks Financial News |
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