EU Requests WTO Panel Against China's Export Restrictions On Tungsten
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- Category: Tungsten's News
- Published on Monday, 15 July 2013 16:07
The European Union requested the establishment of a dispute settlement panel at the World Trade Organization (WTO) concerning China's export restrictions on rare earths, tungsten and molybdenum. This follows EU efforts to find a solution with China, including through formal WTO consultations that were held in April. The EU, together with its partners in the case - the United States and Japan, will therefore proceed to the next step in WTO litigation in order to seek compliance by China with its international obligations.
"China's restrictions on tungsten and other products are a violation of China's WTO commitments and continue to significantly distort global markets, creating a disadvantage for our companies" said EU Trade Commissioner Karel De Gucht. "Despite the very clear ruling earlier this year of the WTO in the first raw materials case, Beijing has not taken steps to remove these export restrictions. We regret that we are left with no other choice but to solve this through litigation."
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