China will waive licensing requirements ‘provided that it is declared that the goods are intended for civilian use’, EU trade chief says.

The European Commission claimed on Saturday that it has reached an agreement with China’s commerce ministry to restart the flow of semiconductors that had been disrupted by a crisis surrounding the company Nexperia. EU trade chief Maros Sefcovic said on social media that, effective immediately, exports of the company’s chips to the bloc for non-military uses will not be subject to Chinese licensing requirements. “My team and I have been in constant contact with the Chinese authorities, and…

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