WTO ruling against China rare case expert Rare or threatened to open supply
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 . Deputy Director of the Law Department of the Ministry of Commerce , said Yang Guohua responded to Phoenix Finance and other media , the Ministry of Commerce is currently being evaluated WTO panel rulings report , which stressed that the Chinese government still has the right to appeal to the WTO , the case has not yet " final judgment " . In accordance with WTO appeals process , the Chinese government still up to 90 days to decide whether to appeal .
Ministry of Commerce , sources said , this case eventually lost if the Chinese government will have to cancel several years has been in place for thin, tungsten, molybdenum export tariffs adopted , export quotas and other measures. Close to the Commerce Department experts analysis, which indicates that China will open the supply of rare earth , the Government can not be bound by the export behavior of enterprises .
The source said the Ministry of Commerce , the Chinese government has in recent years strengthened the management of these deposits , and take special action to combat smuggling of rare earth , rare earth prices this does not mean that in the future will certainly down.
March 13, 2012 , the United States , Japan and Europe will export tariffs on Chinese rare earths , tungsten, molybdenum related products , export quotas and export quota management and allocation measures to resort to WTO dispute settlement mechanism , the two sides negotiated to no avail , the same year on July 23 , establishment of a panel , as the case WTO ruling body.
26, 2009 , the group submitted 360 DTH hammer a final report of the case . Commerce Department disclosure , the panel reports that China for rare earths , tungsten, molybdenum products export duties , export quotas and export performance of the relevant export enterprises registered capital requirement imposed and does not meet the " 1994 General Agreement on Trade Off " and " China's accession to the Protocol " the relevant regulations.
The role of the WTO ruled that China 's rare earth export quotas to protect resources independent of that export quotas or export smuggling measures must not illegal exploitation of rare earth products to prevent , can not prevent the illegal exploitation of domestic consumption or production of rare earths , but it will pass stimulate domestic consumer spending negative signal.
However , dth hammer WTO rejected the EU Expert Group on discrimination against foreign companies accused Chinese demands , reports The ruling also recognized Chinese sovereignty over natural resources conservation principles and policies .
Chinese have been using only 23% of the world 's rare earth reserves , 47% of tungsten reserves to supply the international market, 90 percent of rare earth products and 80% of tungsten products.
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