The decision of the European Commission to impose additional duties on the import of Chinese electric cars has caused objections in the EU itself. Countries of the union are divided, for example Germany, as the largest European economy, also opposes this policy, calling it a protectionist move, Hungarian Deputy Economy Minister Adam Nagy said in an interview with KMG. This is reported by Radio China.
Hungary resolutely pursues an independent and open economic policy. The country is the second largest producer of batteries in Europe, which is inextricably linked to the support of China. Budapest welcomes Chinese investment, he added.
Earlier, Hungarian Foreign Minister Péter Szijjártó said the European Commission had ignored the views of member countries and local carmakers and insisted on imposing tariffs on electric cars imported from China, thus dealing another blow to the competitiveness of the old continent. Europe will certainly lose this trade war, emphasized Szijjártó.