Japan wishes to appeal WTO ore export ban violations in Indonesia, China no plan to follow

Just win in WTO litigation in China's rare earth to Japan, this time targeting the Indonesian nickel ore Deal. According to Japanese media reports, the Japanese government 22, said the New Deal for Indonesia to limit ore exports , the Japanese side will be the World Trade Organization (WTO) complaint.

Indonesia has developed a new " mineral and coal mining law " in 2009 , the implementation of the Act since January 2014 . New mines law, five years after the mining companies will not allow any metal exports of metal ores, can only be re-exported in the domestic processing and refining . This means that Indonesia is a total ban on the export of ore exports, especially exports to be allowed , such as copper and iron ore export tariffs must pay . Japan more than four percent of nickel ore imports from Indonesia.

Beginning this year in January , Indonesia banned the export of nickel ore , lead to international nickel prices rose nearly 40 %. Analysts believe that the direction of WTO complaint date , cause or nickel prices rose too much .

To stabilize the supply of resources , Japan has launched a similar international litigation . 2011 , rare earth prices soared straight up several times . In 2012, the United States , Japan and Europe officially filed a lawsuit against China to the WTO rare earths , tungsten, molybdenum export quota system . In March this year , WTO ruling, China export management measures described above irregularities .

For Japan, the complaint position, Indonesia did not back down. 21, an Indonesian official said, "We will strive in the WTO in the end ."

Japan once to sue the Indonesian Mining Deal WTO is not a winner ? China rare earth industry expert said reports from the point of view expressed , Indonesia , Japan , if sued on the grounds that the Indonesian ore export restrictions ; But China is China's cause of action for rare metals export tariffs, quotas and other management measures do not meet the WTO when provisions of the relevant commitments , and therefore they can not be compared.

Statistics show that a large amount of mineral Nickel Indonesia each year about 15 % of the global total. The experts believe that the Indonesian nickel ore reserves in the global supply prominently , if indeed not appropriate for the sudden break .

Foreign Trade University, China WTO Research Institute Tu Xinquan believe that Indonesia Deal with China to limit exports of rare earth ore export quotas similar , in accordance with WTO rules , restrictions ore export is illegal .

Like Japan , China 's dependence on nickel mine in Indonesia is very high . China will not follow the Japanese approach to the WTO sue Indonesia ? Reporters from people close to policy makers officer that China no action ; and Government approved the establishment of the ore processing plant in Indonesia investment approach over the past few years , China has invested enterprises to set up factories .

As the market price of nickel ore concern , the Shanghai Metals nickel industry analyst Wang Haoyang believe that litigation lasted longer , nickel ore prices by market supply and demand for more short-term impact .

Yesterday , the international nickel prices jumped 0.75 percent . Market sentiment very reluctant sellers , traders speculative activity, manufacturers cut production to deal with a possible shortage of raw materials .


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