WTO Ruling Against Chinese Molybdenum Products
Geneva time on August 7, WTO announced the United States, European Union, Japan v Chinese rare earths, tungsten, molybdenum export management measures related to the case of the Appellate Body report.
Commerce Department of Treaty and Law Department official has issued a statement that the Appellate Body request the United States did not support the appeal, and in some provisions of the WTO rules on legal interpretation to support the appeal request the Chinese side, the Chinese side welcomes. Expert Group for the Appellate Body to maintain export duties on Chinese products involved, the export quota measures are inconsistent with WTO rules and China's decision on accession to the WTO commitments, China regrets.
The official pointed out that the need for the protection of exhaustible natural resources and environmental protection, the Chinese government in recent years to strengthen and perfect the high pollution, high energy consumption of the integrated management of resource products. It is also important to maintain a global sustainable development efforts made. China believes that the WTO trade liberalization both stressed and respect the sovereignty of natural resources, and to allow members to take the necessary means to achieve resource conservation goals. China will carefully evaluate the WTO ruling to comply with WTO rules, the way to strengthen the management of resource products, and promote resource conservation, safeguarding fair competition and achieve sustainable development.
The official said, the WTO Appellate Body report and the panel report will be in the WTO Dispute Settlement Body adopted as the ruling into effect. China will rule according to WTO dispute settlement procedures proper follow-up work to do in this case.
More molybdenum product: http://www.molybdenum.com.cn
Tel: 0592-5129696 Fax：0592-5129797
E-mail:
This email address is being protected from spambots. You need JavaScript enabled to view it.
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Tungsten News & Tungsten Price: http://www.chinatungsten.com
sales@chinatungsten.com