Related News
China regrets WTO ruling on material exports
By Wang Yanlin |
January 31, 2012, Tuesday
|
Online Edition
Online Edition
China regrets that the World Trade Organization upheld its ruling against China in a raw material export case, the Ministry of Commerce said today.
China welcomes the WTO's support for China's appeal on some issues in the case and appreciates its correction of some faulty judgments. But at the same time, China is regretful that the ruling has been upheld, the ministry said in a statement on its website.
"The WTO should not only uphold free trade, but also allow member countries to take necessary steps to protect the environment and natural resources," the ministry said. "China will carefully evaluate the WTO's ruling and continue to enhance scientific administration of resource products based on WTO rules to achieve sustainable development."
In 2009, the United States, the European Union and Mexico filed a complaint to the WTO, claiming China's export restrictions on nine raw materials including zinc, coke and magnesium violated the WTO rules by inflating global prices and giving an unfair advantage to the country's domestic producers.
Last July, the WTO decided China's export quota broke the rules of free trade. China filed a complaint two months later, asking to cancel part of the ruling.
China welcomes the WTO's support for China's appeal on some issues in the case and appreciates its correction of some faulty judgments. But at the same time, China is regretful that the ruling has been upheld, the ministry said in a statement on its website.
"The WTO should not only uphold free trade, but also allow member countries to take necessary steps to protect the environment and natural resources," the ministry said. "China will carefully evaluate the WTO's ruling and continue to enhance scientific administration of resource products based on WTO rules to achieve sustainable development."
In 2009, the United States, the European Union and Mexico filed a complaint to the WTO, claiming China's export restrictions on nine raw materials including zinc, coke and magnesium violated the WTO rules by inflating global prices and giving an unfair advantage to the country's domestic producers.
Last July, the WTO decided China's export quota broke the rules of free trade. China filed a complaint two months later, asking to cancel part of the ruling.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
