A Dutch government delegation will travel to China “early next week” in an effort to end the dispute over chip maker Nexperia, economic affairs minister Vincent Karremans said on Thursday.

“A senior official delegation from my ministry will travel to Beijing to continue our efforts to find a mutually agreeable solution,” Karremans said in social media statement.

Karremans also said he welcomed China’s decision to relax the rules around the export of Nexperia’s legacy chips, adding that he and European and international partners are monitoring the situation to verify the resumption of supplies.

In September, Karremans intervened in Nexperia under a national security law that allows the economic affairs ministry to block or reverse company decisions in exceptional cases. Karremans said the measure was taken to safeguard chip supplies for the Dutch and European industries.

Beijing then imposed an export ban on Nexperia chips, threatening to derail the European car market among others.

Earlier this month the Dutch government said expects chip deliveries from Nexperia’s Chinese factories to resume in the coming days, following what it described as “constructive” talks with the Chinese authorities.

Nexperia, based in Nijmegen, was taken over in 2019 by Chinese electronics firm Wingtech. It has a major production site in China, which makes around 50 billion chips a year.

The minister told the Guardian in an interview on Thursday he hoped the spat “will serve as a wake-up call” over the dangers of depending on one country for essential tech or raw materials.