 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
| . |  |
. |
China defends restrictions on raw materials export
Beijing (AFP) June 15, 2009 China on Monday defended moves to restrict exports of some raw materials, saying it was acting to protect the environment, as it reacted to a report the US and European Union will launch a WTO action. Officials from Brussels and Washington are preparing to take Beijing to the World Trade Organization with the aim of formally seeking consultation on June 22, the first step in opening a case, according to a European source last week. But China's commerce ministry spokesman Yao Jian said: "Taxing exports of some high energy-consuming and pollutant goods is to improve the world's trade environment and China's export structure, and to further enhance environmental protection measures." "There is no perfect trade policy. We can't pursue full and complete environmental protection measures while requiring that prices are not affected," he told reporters. "We have to prioritise the common interests of the public... and countries in the world," he said. The EU and US move concerns about 20 types of raw materials, including copper and bauxite, that China was applying export restrictions on in the form of quotas and tariffs. Yao said the Chinese side would handle the consultation with the relevant countries "positively with an aim to reach a consensus". Share This Article With Planet Earth
Related Links Global Trade News
China may conduct anti-monopoly review on Rio, BHP tie-upBeijing (AFP) June 15, 2009 China said on Monday it may undertake an anti-monopoly review on a joint iron ore project between mining giant Rio Tinto and BHP Billiton after Rio rejected a Chinese bid for a massive investment. Anglo-Australian Rio Tinto this month snubbed Chinalco's offer of a 19.5-billion-dollar cash injection in favour of a joint venture in Western Australia with bitter rival BHP Billiton. ... read more |
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2009 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |
del.icio.us
Digg
Reddit
YahooMyWeb
Google
Facebook