Future Chinese rare earth export quotas or to expand

October 25 news, foreign media reports, the WTO has been basically confirmed China in the rare earth export restrictions , export taxes and other practices violated the undertaking , which, Foreign Trade University, China WTO Research Institute Tu Xinquan that China loses within expectations , the future China will expand or rare earth export quotas.

According to foreign media reports, China's rare earth export restrictions due to America, Europe and China triggered earth litigation, WTO (WTO) has basically endorsed the idea of ​​America, Europe , and to notify the relevant national judge issued a tentative , finds Chinese violation the 2001 WTO accession commitments , which means that China will in the first instance proceedings against earth .

Reported that the WTO that the earth is indispensable for the development of high-end industrial material , while China 's export restrictions , export taxes and other practices violated the 2001 China 's WTO accession commitments . It is reported that China 's WTO commitments in only 84 tariff lines of products export taxes , RE is not in its columns.

Tu Xinquan said the United States and Japan of rare earth litigation initiated when there is the United States and Europe , and Mexico had already alleged Chinese restrictions of nine widely used in steel , aluminum and chemical industries exports of raw materials , WTO ruling against China , so China 's rare earth litigation with hopes of winning is not large .

Tu Xinquan said that the current WTO is only tentative judgment issued by the relevant national notice , from the final ruling is still some time, but almost no hope to win the future China will have to cease the levying of rare earth export taxes , but might be able to fight for the export quota .

According to reports , WTO principle, requires the elimination of export restrictions, but provides for two exemptions : "To protect people , animal or plant life or health measures " and " with the protection of exhaustible natural resource-related measures if such measures with restrictions on domestic production or consumption with the implementation . "

Tu Xinquan that most of China's rare earth industry meet the above requirements, but did not do the export quota and the number of domestic consumption to maintain consistency , so China under the framework of the WTO may request to retain rare earth export quota , while the quota extended to the domestic consumption consistent volume level .

In the past, a large number of enterprises export quotas are not exhausted , so Tu Xinquan that, even if expanded export quotas , it would not affect China's rare earth industry , the need to protect domestic rare earth resources tax and other aspects of the design.


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