Investing.com -- The dispute settlement body of the World Trade Organization (WTO) has agreed to China’s request to establish a panel for reviewing the European Union’s duties on electric vehicles manufactured in China. The information came from a Geneva-based trade official last Friday.

The European Union has imposed duties on electric vehicles produced in China, a move that has sparked a trade dispute. In response, China has sought the intervention of the WTO, the global organization that deals with the rules of trade between nations. The WTO’s dispute settlement body will now set up a panel to review these duties.

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