Don't miss

Replay


LATEST SHOWS

FRANCE IN FOCUS

France's chronic unemployment problem

Read more

EYE ON AFRICA

Candidates Goodluck Jonathan and Mohamudu Buhari call for calm

Read more

MEDIAWATCH

Anger at mental health stigmatisation after crash allegations

Read more

THE WORLD THIS WEEK

Yemen, the Escalation; France's Three Way Race; Clarkson Shown the Exit (part 2)

Read more

THE WORLD THIS WEEK

Germanwings Crash; Co-pilot 'hid illness' on crash day (part 1)

Read more

#THE 51%

The extraordinary tale of the Egyptian mother who lived as a man

Read more

REPORTERS

Video: San Cristobal, Venezuela's tinderbox

Read more

FOCUS

Portugal: Anger at corruption scandals, one year after bailout

Read more

YOU ARE HERE

Bistronomy: Stylish and simple eating

Read more

Business

USA, EU launch WTO action against China

Text by NEWS WIRES

Latest update : 2009-06-23

The United States and the European Union have appealed to the World Trade Organisation over claims China is deliberately restricting raw material exports in order to boost its domestic market.

AFP - The United States accused China Tuesday of pursuing a "troubling" industrial policy as it launched WTO action with the European Union against the Asian giant for restricting raw materials exports.
  
The two Western powers requested World Trade Organization (WTO) dispute settlement consultations with China regarding Beijing’s export restraints on numerous important raw materials.
  
"China’s measures appear to be part of a troubling industrial policy aimed at providing substantial competitive advantages for the Chinese industries using these inputs," US Trade Representative Ron Kirk told reporters in Washington.
  
The materials at issue were bauxite, coke, fluorspar, magnesium, manganese, silicon metal, silicon carbide, yellow phosphorus, and zinc -- key inputs for numerous downstream products in the steel, aluminum, and chemical sectors across the globe.
  
China is top global producer of these materials.
  
"We are going to the WTO today to enforce our rights, so we can provide American manufacturers with a fair competitive environment and put more American workers back on the job," Kirk said.
  
"China is a leading global producer and exporter of the raw materials in question, and access to these materials is critical for US industrial manufacturers."
  
He added that the United States "is very concerned that China appears to be restricting the exports of these materials for the benefit of their domestic industries, despite strong WTO rules designed to discipline export restraints."

Date created : 2009-06-23

COMMENT(S)