Rare issues between Japan and China will usher in a new node
- Details
- Category: Rare Earth News
- Published on Friday, 21 March 2014 13:56
Foreign media said the review of the export of China's restrictions on rare earth and other mineral resources in the World Trade Organization (WTO) dispute settlement panel , the oldest accredited United States and Europe will announce the contents of the report indicted in March 24 .
According to the Nihon Keizai Shimbun reported , then , WTO will require China revoked export restrictions . After two years of deliberation , the rare earth issue between Japan and China will usher in a node.
Dispute settlement panel of the court ruled that the equivalent of " first instance " , China is expected within 60 days to the equivalent of " final " appeal of high-level experts . In principle, the Senior Experts Group after 90 days of deliberations , will be concluded in the summer , but the possibility of subversion dispute settlement panel is generally low .
Japan, the U.S. and the EU in March 2012 to restrict Chinese rare earths , tungsten and molybdenum export in violation of the WTO Agreement sue the WTO. Dispute settlement panel to start the trial.
WTO Agreement , unless it is to protect natural resources , restrict exports is prohibited . Report of the Expert Group that " if the purpose is to protect the resource , should be taken to limit domestic production and other alternative countermeasures ." China is expected to be considered limiting exports so that the domestic industry was preferential treatment.
WTO Agreement , unless it is to protect the environment, or to prohibit the imposition of export duties. The report is expected to be made , " said China does not impose export tariffs in order to protect the environment ," the judge .
China began in 1999 to restrict the export of rare earth , from the East China Sea after collision began in 2010 significantly reduced the export volume . After each REE 2006 levied a 5 % -25 % export tariff .
China 's rare earth export restrictions affected ,2010- 2011 price of rare earth spikes . Japanese companies cut usage of technology is becoming popular. Prior to Japan more than 80% of the rare earths are imported from China , has now dropped to around 60%. However, some raw materials , such as dysprosium still have to rely on China .
Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn