WTO Dispute Chinese Rare Chinese regret losing the first instance
- Details
- Category: Rare Earth News
- Published on Friday, 04 April 2014 17:52
Reporters learned yesterday from the parties concerned , which lasted for two years in Europe and America to the WTO ( WTO ) trade dispute prosecution of China's rare earth export policy , WTO on the 26th of this month announced a panel report that China -related measures are not consistent with WTO rules and China's WTO Accession commitment. In this regard, the Chinese side expresses regret and will continue to do follow-up work .
For a long time , China 's rare earth resources to bear 23% of the world's supply of more than 90 % of the market , resulting in serious environmental pollution problems. Therefore, the Chinese government in recent years to strengthen and improve the high pollution, high energy consumption of integrated ( market area ) management of resource products . Which on rare earths and other products for the export quota management. China's approach is well-founded , because although WTO rules requires its members to eliminate export restrictions , but provides for two exemptions , namely, " to protect people , animal or plant life or health measures " and " with protective measures exhaustible natural resources if such measures with restrictions on domestic production or consumption together to implement . "
In fact, this measure did not affect the market price of rare earth. In 2013 , the international market demand is still rare enough. As of the end of October last year , China 's total exports of 17,911 tons of rare earth , accounting for only 57.8% of the total annual export quota , some of the export quota is not used.
However , China's rise to reasonable measures dissatisfaction with long accustomed to large imports of rare earths Europe and other developed countries. March 2012 , the proportion of Chinese rare earths , tungsten and other share of global reserves of these countries and regions greater export restrictions affecting the development of related industries by countries to resort to WTO dispute settlement mechanism.
Voice of developing countries is still weak
March 26 this year , the WTO panel report released U.S., EU , Japan v. China rare earths , tungsten, molybdenum export management measures related to the case , ruled that the product concerned Chinese export tariffs , export quotas and export quota management and allocation measures are not comply with the relevant WTO rules and China 's WTO commitments . However , although the " first instance " loser , but a WTO panel also approved a comprehensive resource and environmental protection measures in China for rare earths, tungsten, molybdenum taken and dismissed the application for EU companies molybdenum export quotas " export performance " requirements discriminate against foreign companies proposition.
Industry experts have pointed out that Chinese restrictions on exports of rare earths exhaustible natural resources, such as well-founded , the preliminary results of the lawsuit , said the development and implementation of WTO rules , there are still some unfairness , voice of developing countries overall still weak.
In this regard, the person in charge of the Ministry of Commerce issued a statement that the Chinese side regrets . China -related measures both the conservation of exhaustible natural resources and environmental needs , but also important for maintaining global sustainability efforts made . " China will continue to comply with the WTO rules on ways to strengthen the management of resource products , maintain fair competition ."
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