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12 Mr. Erkki Keido Minister of Economy and Industry Republic of Estonia Tallinn, 2 October, 2024 Distinguished Minister, 1 would like to extend my sincere congratulations on your inauguration as Minister of Economy and Industry of the Republic of Estonia and have the honor to write to you on EU’s imposing a countervailing duty on Chinese EVs and the latest progress. You may have noticed that on 19th September, China and EU engaged in a comprehensive, in-depth, and constructive consultation regarding the EU’s ongoing anti-subsidy investigation into Chinese EVs. The two sides agreed to continue pushing forward negotiations on the price commitments, and spare no effort to reach a mutually acceptable solution through friendly dialogue and consultation. Technical teams frorn China and BU held five rounds of consultations on the price commitments, progress have been made in the fields such as the scope of the enterprises, the price adjustment mechanism, the minimum price and the risks of the cross subsidization. However, one core concern of China has not been accepted by EU and more time is needed for continued consultations. In view of the forthcoming voting of EU possibly on 4th October, China would like to propose EU to suspend the impiementation of the countervailing duty on Chinese EVs even after the final ruling. The suspension could reflect the political will from both sides to resolve differences through consultations and save more time for the technical teams to continue to discuss, prevent severe damages on the trading relationship between China and EU. The proposal is also practicable as it is in line with the EU Anti-Subsidy Regulation which provides that EU can suspend the impiementation of the tax based on the mutual interest of the mernber states. ANDuS.JA (O4UNIKATSIOONIM1NIS-I-EER,UM 8 4. 1D. 2024 1*. .z/t5 :1. We sincerely hope that the Republic of Estonia could support this proposal. 1 believe it is also in the interest of Estonia’s economy and consumers as the Chinese EVs with affordable price will benefit domestic consumers and speed up Estonia Green Transition. The Embassy of the People’s Republic of China in the Republic ofEstonia is open for further dialogue and exchange in this regard. Please accept the assurance of my highest consideration. Guo Xiaomei Ambassador of the People’s Republic ofChina