Experts Refute WTO Report About Export Curbs
Source: Xinhua |
June 3, 2010, Thursday
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Print Edition
Print Edition
CHINA'S curbing of exports of some raw materials to protect the environment and reduce its trade surplus is in line with World Trade Organization rules, experts say.
In its biennial review of China's trade policies, the WTO alleged on Monday that China may be giving its manufacturers an unfair advantage by restricting exports of some raw materials. China uses restrictions such as prohibition, licensing, quotas and partial tax rebates to manage exports of certain resources, the WTO report said.
"The WTO report may be related to the US and European Union appeal last year to the WTO over Chinese restrictions on raw material exports," Tu Xinquan, vice president of China National Institute of WTO, said in an interview with Wednesday's Economic Information Daily newspaper, a Xinhua affiliate.
China's practices were consistent with GATT obligations and Article XX as the curbs achieved environmental goals, an unnamed expert at the Beijing WTO Affairs Center said.
In its biennial review of China's trade policies, the WTO alleged on Monday that China may be giving its manufacturers an unfair advantage by restricting exports of some raw materials. China uses restrictions such as prohibition, licensing, quotas and partial tax rebates to manage exports of certain resources, the WTO report said.
"The WTO report may be related to the US and European Union appeal last year to the WTO over Chinese restrictions on raw material exports," Tu Xinquan, vice president of China National Institute of WTO, said in an interview with Wednesday's Economic Information Daily newspaper, a Xinhua affiliate.
China's practices were consistent with GATT obligations and Article XX as the curbs achieved environmental goals, an unnamed expert at the Beijing WTO Affairs Center said.
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