WTO review of China's rare earth export restrictions for two years, Japanese media said it would judge violations

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 "Japanese Economic News" reported on March 20 , at which time , 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 % to 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 .


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