Monday, February 14, 2011

WTO arbitration panel to force the U.S. investigation into China's export subsidies.

<P>: Http://finance. Hearing, U.S. Trade Representative's Office Local 12, asked the World Trade Organization (WTO) arbitration panel set up an expert on China's export subsidy issues a formal investigation. .United States, this request has been registered in a program held on July 24 of the WTO Dispute Settlement Body meeting's agenda. .</ P> <P> This is the second time the United States requested WTO arbitration panel set up to resolve trade disputes with China, and Mexico also joined the ranks of the request. .Last October, the U.S., Canada and European countries joint appeal, WTO for the first time set up an arbitration panel to investigate China's imports of auto parts by vehicle taxation. .There is no matter the result. .</ P> <P> to the United States in February this year, China's export subsidies to the WTO complaint, accusing China of "illegal" subsidies to various export products, followed by two rounds of consultations with China, but failed to do so. .According to WTO regulations, the complaint was raised to 60 day consultation period, if the parties failed to reach consensus, you can submit a WTO arbitration body to rule. .</ P> <P> In fact, from April 15 this year, since the abolition of some of China's steel export tax rebate of 8%, other steel export tax rebate rate from 8% to 5%. .After China and from July 1 onwards, the 2831 export tax rebate policy has been adjusted to cover all goods in the customs tariff for 37% of the total. .Can be said of this year's Sino-US trade friction. .Not the United States by the end of March break, "non-market economy country" 23 years of countervailing duties imposed routine imposition of countervailing duties on Chinese coated paper, in April also announced that complaints to the WTO intellectual property rights and market access in China. .</ P> <P> It is reported that China can in July 24 to prevent the establishment of the expert group meeting on the request, but the United States and Mexico, any subsequent request for dispute settlement body will be automatically accepted. .</ P> <P> Related reading: </ P> <P> China faces international attacks into a global number one target of anti-dumping </ P>.

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