Rare case of waiting for the results of the Sino-US WTO
- Details
- Category: Rare Earth News
- Published on Friday, 23 May 2014 14:58
It is reported that some time ago the dispute between China and the United States in the case of rare earths , China appealed again , and then identify if any of WTO organization practices and WTO rules do not comply , then this would mean that from 1998 onwards the implementation of China's rare earth exports system will be forced to end. This is China 's lost , it may cause a chain reaction .
Rare WTO dispute against China triggered a chain reaction.
March 26 , World Trade Organization (WTO) ruled that China's export management measures rare earth, tungsten, molybdenum related products violations. Less than a month , on April 17 , China had submitted relevant documents to appeal WTO Appellate Body , the WTO panel ruling to overturn part of the report . But before China , the United States was first appeal on April 8 .
This rare trade dispute "tug of war " you come back to me is the game of interest between countries . Accompanying , of rare earth export quota system implemented since 1998 or will be forced to end the rare earth industry will also face a series of policy adjustments .
Concerned about the transfer of mineral rights and mineral rights transactions .
Within one month of Sino-US cross- appeal.
March 26 , WTO announced the United States, European Union, Japan v. China rare earths , tungsten, molybdenum export management measures related to the case of the panel report : China's ruling export management products involved violations. May 9 , " China Economic Weekly" reporter learned from the Ministry of Commerce , China, as the responding party to the WTO 's Appellate Body has (Appellate Body) submitted the appeal papers on April 17 . Interestingly, the appeal before China , the United States was on its complaint Chinese rare earths, tungsten, molybdenum WTO Dispute related export management measures , the WTO Appellate Body first proposed the appeal on April 8 .
United States filed an appeal before the Chinese catch appeal , this unconventional approach in China Rare Earth Industry Association Deputy Secretary-General Chen Zhanheng appears that the United States was convinced that China will probably only appeal ahead of an appeal. " According to U.S. media reports, they will follow if China Appeals to appeal . Doing nothing more than to Dingsi the case , is to make China the abolition of quotas and export tariffs on certain rare earths . "
Rare has " industrial vitamins " reputation, 17 kinds of rare earth elements are usually divided into two groups of light rare earths and heavy rare earth , rare earth elements is very different from the price difference between the price of a tonne tens of thousands to millions of dollars. Today, high-tech industry as an essential raw material , has become an extremely important strategic resource. This is why many countries and regions the United States, Europe, Japan and other so concerned about the problem of rare earth export quotas and tariffs of the important reasons.
It is learned that the appeal documents submitted by the Chinese side is mainly for WTO panel report more than 170 passages raised objections that the report misinterpreted the WTO rules and China's WTO accession documents, and then asked the Appellate Body rejected the panel report concerning China's " export quotas "illegal and so ruled .
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