World Bulletin/News Desk

The Chinese solar panels suppliers to the European Union (EU) have agreed on a minimum price for exports. In return, the companies do not have to pay the anti-dumping duties.

According to the news from China's international radio, both sides reached the agreement through the price undertaking.

The Chinese solar panels suppliers to the EU have agreed on minimum price for exports.

In return, the companies do not have to pay the anti-dumping duties.

The undertaking agreement sets a minimum price for Chinese exports of solar panels to the EU.

The agreement also puts a limit on the volume of exports.

China reacted to the decision positively as Chinese Foreign Minister Wang Yi said, the deal conformed to the interests of China and the EU and both sides benefited from it.