eu hails wto ruling on chinese minerals
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

EU hails WTO ruling on Chinese minerals

Arab Today, arab today

Arab Today, arab today EU hails WTO ruling on Chinese minerals

Bruussels - UPI
China must ensure free and fair access to rare earth minerals after the World Trade Organization ruled against export restrictions, a European official said. At least 95 percent of the rare earth minerals on the world market come from China though Beijing has steadily cut back on exports in recent years. The United States, European Union and Mexico filed a suit with the WTO in 2009 about the restrictions and this week, the WTO found Beijing was in violation of international trade law. EU Commissioner for Trade Karel De Gucht said the WTO ruling levels the playing field for raw materials. "I expect that China will now bring its export regime in line with international rules," the commissioner said in a statement. "Furthermore, in the light of this result China should ensure free and fair access to rare earth supplies." The U.S. House Subcommittee on Energy and Mineral Resources found that mineral production is a key economic driver, describing metals and minerals as essential from everything from agriculture to renewable energy. Beijing said it imposed export restrictions because of environmental concerns. The WTO found that China didn't have any evidence to support its claims, however. "The EU supports and encourages efforts to promote a cleaner and sustainable production of raw materials," the bloc said in a statement. "However, the EU believes that export restrictions cannot and do not contribute to this aim."
arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

eu hails wto ruling on chinese minerals eu hails wto ruling on chinese minerals

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

eu hails wto ruling on chinese minerals eu hails wto ruling on chinese minerals

 



GMT 20:42 2017 Sunday ,03 September

Japan: Nuclear blast behind North Korea quake

GMT 21:49 2017 Saturday ,11 February

S. Sudan president to seek election in 2018

GMT 08:30 2018 Sunday ,14 January

Iran rules out any change to nuclear accord

GMT 12:21 2018 Wednesday ,10 January

Guterres concerned by news of PM resignation

GMT 14:06 2017 Saturday ,16 September

Egypt condemns 7 to death over IS links, Copt beheadings

GMT 02:50 2017 Thursday ,03 August

Qatar abolishes 'Kafala' system
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday