Europe and the United States file a lawsuit against the WTO restricting the export of rare metals to the WTO

The Global Times reported on the 23rd that the United States and the European Union filed a lawsuit against the World Trade Organization (WTO) on China’s restrictions on exporting rare metals. According to foreign media reports, this will be the first case in which the United States sued China against the WTO after Obama took office in January.

According to Agence France-Presse, the EU said in a statement: "The EU on the 23rd brought the WTO to review China's restrictions on the export of several major rare metals, a decision that violates international trade standards."

At the same time, US Trade Representative Kirk said that the United States also insisted on our interests on the issue on the 23rd, so that American industrial manufacturers can obtain a level playing field and more American workers can return to their jobs. . Kirk said: "China is a global supplier of rare metals, and the right to use these materials is of paramount importance to US industrial producers."

Previously, the United States and the European Union failed to persuade China to cut export tariffs and increase quotas for raw materials such as zinc, tin, tungsten and yellow phosphorus.

Japan’s Kyodo News Agency said that according to the procedures of the WTO, bilateral consultations will be held first among the countries concerned. If the negotiation fails, both parties may request the establishment of a dispute handling team.

Zhou Shizhen, executive director of the China WTO Research Association, said in an interview with the Global Times: "The US and European practices are unreasonable." He said that Europe and the United States hope that China will open up resources and sell them, so they can buy cheaper ones. . However, it is natural and reasonable to protect resources and protect the environment. All countries in the world, including the United States, are protecting their own resources.

Zhou Shizhen said that the requirements of Europe and the United States violated the basic rules of the WTO. He said that the WTO emphasizes that it is not possible to restrict imports and let the market go, without specifying how exports should be, and there is no requirement for resources to be released.

In a survey recently launched by the World Wide Web, nearly 90% of Chinese netizens also said that they support China's restrictions on the export of strategic industrial raw materials, and more than 60% of netizens agree that China will use strategic industrial raw materials as a bargaining chip with Europe and the United States. . (Reporter Wang Si)

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