WTO rules against India in case of poultry-imports from US
Sai Nikesh | The Dollar Business The World Trade Organization, on Thursday, ruled against India over ‘India denying importing of various agricultural products, especially the poultry, from the United States citing concerns related to Avian Influenza (AI)’. Based on the proceedings over the issue that dates back to March 6, 2012 when the ‘US requested consultations with India with respect to (w.r.t) the prohibitions imposed by India related to AI’, the WTO appellate body concluded that ‘India's AI measures amounted to an import prohibition that was not based on the relevant international standard or a scientific risk assessment,’ as recommended by the dispute settlement panel. It also concluded that based on the panel recommendations w.r.t the international Sanitary and Phytosanitary Measures (SPS) ...
Real changes in Chinas exports of rare earths to come in May 2015
The Dollar Business Bureau This week, China ended a quota system on exports of rare earths following a World Trade Organisation (WTO) panel ruling last year. However, real changes can be felt only after May this year when the government makes key changes in duties on exports of rare earths. China is the world’s largest producer of rare earths which are key raw materials used to make electronic goods, computers and several other high technology goods. China’s share of world’s rare earth production stands at around 90% and India is also dependent on imports of such metals from China and other countries for the production of products such as CFLs and LED Lighting. However, China imposed several trade ...
China removes export quota on rare earth minerals
The Dollar Business Rare earth metals are important raw materials used in the production of high-tech products such as mobile phones, LEDs and missiles China has ended a decade-old quota on export quantities of rare earths such as tungsten and molybdenum, after the World Trade Organisation’s (WTO) Dispute Settlement Body (DSB) adopted the Appellate Body report last year which termed such restrictions as a breach of the WTO rules. China is the world’s largest producer of rare earths which are key raw materials used to make electronic goods, computers and several other high technology goods such as missiles and mobile phones. China’s share of world’s rare earth production stands at around 90% and impacts world economy and trade significantly. India ...
WTO Appellate Body rules in Indias favour over CVD on steel imports by USA
Bidhu Bhushan Palo | The Dollar Business Hot Rolled Carbon Steel Flat Products are usually used in the manufacture of durable products such as automobiles, heavy machinery, pipes, and construction products. The Appellate Body of the World Trade Organisation, the highest authority in dispute settlement among members, has ruled largely in favour of India regarding countervailing duties (CVD) imposed by USA on imports of Carbon Steel Flat Products from India. According to India’s Ministry of Commerce, the United States Department of Commerce (US DOC) had imposed Countervailing Duty (CVD) on India’s exports of Hot Rolled Carbon Steel Flat Products, which affected adversely India’s steel exports. One of the claims made by USA was over procurement of subsidised coal and iron ...
Chinas export restrictions on rare earths breach WTO rules: Dispute Settlement Body
The move forces China to implement the ruling within a reasonable period of time and remove export restrictions on rare earth metals The Dollar Business Bureau | @TheDollarBiz The World Trade Organisations (WTO) Dispute Settlement Body (DSB), which oversees disputes among WTO members, has adopted the Appellate Body report that says that Chinas export restrictions on rare earths, tungsten and molybdenum breach WTO rules and are not justified under Article XX of the GATT 1994. China is the worlds largest producer of rare earths, tungsten and molybdenum, which are key raw materials used to make electronic goods, computers and several other high technology goods such as weapons, turbines, mobile phones, lenses and TVs. Chinas share of worlds rare earth production stands at a ...
