Our country to re submit the case appeal documents WTO
- Details
- Category: Rare Earth News
- Published on Wednesday, 30 April 2014 14:14
Recently, in the WTO (WTO) issued a report of the expert group on the export of rare earth China dispute about a month later, the respondent China to WTO Appellate Body filed appeal documents. According to the WTO Appellate Body last Friday published documents, the expert group report more than 170 paragraphs to the contrary, that report misinterpreted WTO rules and China WTO documents, and demands the appellate body rejected the Chinese &ldquo expert group report; export quota & rdquo; illegal ruling.
In recent years, Chinese government for Protect environment as well as domestic exhaustible resources of successively promulgated a series of restrictions on raw materials such as rare earths exports measures, this caused the beauty, European countries and Japan, as the rare earth as strategic resource and long-term China imported from traditional “ major ” discontent. But in fact, Chinese have rare earth resources are not abundant, but the country has been the most rare earth export all over the world.
With the rapid development of high-tech industry, the rapid growth of global demand and consumption amount of rare earth. Rare earth resources are non renewable resources, because of years of plenty, disordered mining, rare earth resources China's on the verge of exhaustion. On the other hand, the effect of rare earth production, machining process on the ecological environment of the mining giant, caused by environmental pollution is serious. Therefore, to a certain extent, rare earth export restrictions will help to curb the momentum of the China rare earth mining, consistent with sustainable development policy objectives.
Over the past 20 years the global rare earth supply 90% from China. Single in terms of trade, China's exports of rare earths to importer use enterprise caused adverse effects. On the one hand, the export tax to foreign importers and domestic rare earth enterprise face different prices. On the other hand, the export quota in the rare earth international market in short supply, increase the cost of importing enterprises.
After losing China cancel rare earth quotas, tariff cuts, rare earth export gate opening, opened a new round of enterprise reshuffle prelude. On the one hand, within a period of time, the overall price of rare earth products of all kinds will decline further, which will directly lead to the closure of small and medium enterprises out or be part of M & A; on the other hand, for reasons of environmental protection, the government will in the early stimulation industry consolidation basis, accelerate the Group restructuring process.
Department of Commerce International Trade and Economic Cooperation Research Institute researcher Jin Baisong said, there is not enough Chinese system introduced such problems in rare earths, needs further reform. China as a big trading country in the world, should establish a positive image, to the maintenance of international rules, international responsibility to maintain a clear understanding, act in accordance with international rules. The current our country to build a rare earth &ldquo defense security, economic security based on strategic resources management system; ”, and this must be a and international rules, is in line with the rules of the World Trade Organization system.
Golden cypress pine on “ &rdquo strategic resources management system; to do a further explanation. He said, this is a set including export control, strategic resources of enterprise storage, centralized mining, smelting, refining, high-tech materials development and industrial manufacturing, building sales market order, the establishment of a global market trading center, denominated in Renminbi, execute 24 hours of spot and futures trading, carry out the administrative examination and approval procedures, the distinction of international cooperation partner hierarchy. Establish and perfect the system, not only can protect and make good use of our precious resources, the development of domestic high-tech materials industry, as an important industry in the future development of China's military to leave some leeway, but also with the United States, Japan, Europe and other established equivalence, flexible, distinguish the relations of cooperation.
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