18 AUGUST 2011steelguru
US and Mexico refer China to WTO over rare earth restrictions
Edited by : AL CIRCLE
1 min read
Mr Gan Yong assistant dean at the Chinese Academy of Engineering and chairman of the Chinese Society of Rare Earths said that China has been accused of protectionism in its rare earth policy in a lawsuit jointly submitted to the World Trade Organization by the US and Mexico.
The WTO ruled that China’s export controls on a number of rare earths such as bauxite, coke and magnesium broke international trade laws. The complaint had been filed by the US, the European Union and Mexico in 2009. The ruling was seen as a sign that lawsuits could be filed against China over its rare earth export restrictions.
The WTO ruled that China’s export controls on a number of rare earths such as bauxite, coke and magnesium broke international trade laws. The complaint had been filed by the US, the European Union and Mexico in 2009. The ruling was seen as a sign that lawsuits could be filed against China over its rare earth export restrictions.
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