WTO Ruled That Rare Earth Case Against China

 WTO Ruled That Rare Earth Case Against China

WTO Ruled That Rare Earth Case Against China – Lasted two years , the United States , Japan, EU trade lawsuit against China ‘s rare earth preliminary ruling against China , the Ministry of Commerce on the 26th evening confirmed the news .
Geneva time on March 26 , World Trade Organization announced the United States, European Union, Japan v. China rare earths , tungsten, molybdenum export management measures related to the case of the panel report .

In accordance with the practice in such cases , the possibility of the continued appeal of greater China . Foreign Trade University , vice president of China WTO Tu Xinquan “First Financial Daily” reporters , said , for the principle of protecting domestic industries , countries face the case should be appealed. According to the progress of the case , China should be in a month after an appeal , WTO proceedings and then after roughly two months , announced the final results.
If you still maintain the current ruling, China will not adopt the way quotas on the export of rare earth enterprises limited.

Commerce Department of Treaty and Law Department official has issued a statement that the panel approved a comprehensive resource and environmental protection measures in China for rare earths, tungsten, molybdenum taken , dismissed the application for EU companies molybdenum export quotas ” export performance ” requirements discriminate against foreign companies the proposition that China appreciates this. For the Panel finds that China’s export duties involved in the product, export quotas and export quota management and allocation measures are inconsistent with WTO rules and China’s commitments on joining the WTO , China regrets .
Rare earth export quota controversy Chinese rare earth export quota controversy , began in 2008 , in the middle experienced a ” Chinese raw materials WTO dispute ” , Rare Earth Case and finally a comprehensive upgrade to the level of WTO trade disputes in 2012 .

In this  WTO Ruled That Rare Earth Case Against China, from the outset , there were already signs of an adverse verdict .
In 2009 , the United States , European Union, Mexico, on the Chinese raw material export restrictions appeal to the WTO. 2011 , WTO ruled that China’s exports of raw materials to limit violations. The nine raw materials are bauxite, coke, fluorspar , magnesium, manganese , silicon metal , silicon carbide , yellow phosphorus and zinc , do not include rare earths. But because these materials involve policy , similar to the height of rare earths , public opinion holds that the United States and Europe , ” testing the waters” of a move supported by the WTO , the rare earth is likely the next target. And similar to the raw materials case verdict is also likely to be ruled illegal .
March 2012 , the U.S. Commerce Department senior official has revealed that China ‘s rare earth export restrictions , the United States , European Union, Japan has begun to the World Trade Organization (WTO) against China . Thereafter, the Chinese Ministry of Commerce said it has received a request for consultations about rare earths , tungsten, molybdenum export management measures in the United States , European Union, Japan, under the WTO dispute settlement mechanism proposed .

RE experts , China Nonferrous Engineering and Research Institute , Professor Wang Guozhen , told reporters, in 1998 , China implemented a system for licensing the export quota of rare earth products , but do not constitute substantial barriers to exports , export prices are relatively low. In 2005 and 2008 two large-scale reduction in the number of export enterprises , especially in 2008 , while reducing the quota of rare earth prices in the international market resulting sharp rise.
There are people close to the negotiations told this newspaper revealed that the rare earth , from the outset , the U.S. and Europe mainly in China and abroad fire sale prices vary , gaining an unfair trade advantage.
Mourinho Canada Ltd. AMR materials Materials Science and Technology Division Vice President of Operations Performance Hogan (Jeffrey Hogan) had an interview said that from 2004 to 2008 , China’s rare earth export quota was 65,609 tons , 65,609 tons , 61,821 tons , 59,643 tons , 47,011 tons , while the international market demand for the same period was 56,583 tons , 45,600 tons , 45,207 tons , 52,051 tons , 48,193 tons , by 2008 , the quota is higher than demand .

RE whole industry chain consolidation  WTO Ruled That Rare Earth Case Against China
China has begun to rectify the whole industry chain of rare earth in the first two years , taking the total production control, and other ways to improve industry access threshold , rectifying industry chaos .
Commerce Department of Treaty and Law Department official pointed out , facing increasingly severe pressure on resources and the environment , the Chinese government in recent years to strengthen and improve the high pollution, high energy consumption of the integrated management of resource products . This is not only China conservation of exhaustible natural resources and the needs of the environment , are also important for maintaining global sustainability efforts made .
After the implementation of the rare earth export quota , for a long time , exports did show a downward trend. But look at the statistics , the quota is still higher than the international market demand, to 2008 before turning point .
Insiders are aware that Chinese rare earths issues , focusing on the outlet end of the performance , but the roots of their long-standing abuse or domestic rare earth industry : In addition to indiscriminate digging abuse , environmental pollution , excess capacity , the most important thing is downstream applications industry, many close to the international advanced level there is a big gap .
May 2011 , the State Council issued the first “Several Opinions on Promoting the sustainable and healthy development of rare earth industry ,” which is also the first time since 2000 the State Council issued separate guidance for the rare earth industry , but for the first time rose to national strategic rare earth reserve system .
The State Council said it would build strategic reserves of rare earth system , according to the national reserve and enterprise ( business ) reserves , physical reserves and resources ( to ) reserves combination , establish strategic reserves of rare earth . The overall planning ionic rare earth mining southern and the northern light rare earth resources , delineated a number of national planning as a strategic resource reserve land mines . Included in the national reserve of resources , the local government is responsible for monitoring and protection , without the approval of the State shall not be mined. Resources for the implementation of the central government , regional and enterprise product reserves subsidies .
2013 rare earth prices in the doldrums, the highest point of the overall decline compared to 2011 by 60 %. This consolidation industry chaos , is a good time .

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