WTO ruling on U.S. tyre special insurance case

Source: Internet
Author: User
Commercial News (the trainee reporter Wang Fang) as the World Trade Organization (WTO) since the establishment of the special Insurance dispute settlement first case, the Sino-US tire dispute has attracted much attention, the WTO 13th issued a panel of experts to determine that the U.S. imports from China's tire of the transitional special safeguard measures did not violate the rules.  In the end, the head of the Law division of the Ministry of Commerce expressed regret yesterday and pointed out that China would carefully study the report of the Expert Group and appeal in due course to safeguard the legitimate rights and interests of the Chinese industry. "The results are predictable because the measures themselves are unequal." "Uibe, deputy dean of the WTO Research institute Pang said.  According to the 16th "Special product Transitional guarantee mechanism" of the Protocol of China's accession to WTO, the other WTO members can impose restrictive measures on Chinese products in the 12 years after China's accession to the WTO. "This provision is a product of the developed countries not to recognize the status of China's market economy, but also the United States to carry out trade protection."  "Pang said. How to deal with the WTO ruling? Liu Yuanchun, vice president of the Economic Institute of Renmin University of China, said that the relevant government departments should actively carry out commercial diplomacy, pay attention to safeguarding their own interests under the multilateral mechanism, pay more attention to bilateral negotiations, resolve trade frictions through negotiation, and avoid high tariffs in the United States by means of the production base to transfer other countries

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.