国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

  Home>News Center>China
       
 

WTO fearing escalation of textile trade row
(Agencies)
Updated: 2005-04-29 08:41

The World Trade Organization is urging the European Union and China to talk through their dispute over booming Chinese textile exports amid fears that an outright clash would be a severe test for the global trade body.

"If there is a way of resolving this short of applying sanctions, it should be taken," WTO spokesman Keith Rockwell said. "Two months of data are not sufficient to make a true assessment," he added, referring to the need to quantify China's exports to the EU.

The European Commission confirmed it would implement a 60-day inquiry on Friday into a sharp increase in imports of Chinese textiles since a 31 year-old global quota system ended at the beginning of the year.

An EU spokesman in Geneva told AFP that Brussels also considered the probe as an opportunity to talk the issue over with Beijing. Any curbs on Chinese clothing imports would not kick in for another two months, if Brussels decided to take the issue further in a formal setting, he added.

"As soon as we ask for formal consultations, then the Chinese authorities have to limit their exports (growth) to 7.5 percent," said Fabian Delcros, a spokesman for the EU Commission.

Under the WTO's rule-book, the EU must first prove claims of "material injury" to its own producers and that it is caused by Chinese imports, before it can levy temporary trade barriers on imported products.

With the US also conducting a review of Chinese textile imports, the WTO is likely to end up arbitrating between trade titans if China formally objects to any safeguard measures, experts said.

"This is bigger than just textiles," said John Weekes, a trade consultant and former Canadian ambassador to the WTO.

"It does provide a test of the WTO. This is a challenge that can't be avoided but one that, if managed well, can show the importance of the organization (WTO)," he added.

China can challenge the EU in the WTO's disputes settlement body if it feels unfairly treated. That step may be necessary to clear up the rule-book, trade sources said.

EU Trade Commissioner Peter Mandelson earlier this week suggested that China could voluntarily curb textile exports to avert EU action.

But bilateral export restraints were prohibited when the multilateral trade system managed by the WTO was set up 10 years ago.

"Voluntary export restraints were one of the things that the new safeguards agreement emerging from the Uruguay Round was supposed to terminate," Weekes said.



 
  Today's Top News     Top China News
 

Now, pandas could make maiden trip to Taiwan

 

   
 

Parties pledge to work for Straits peace

 

   
 

Pentagon proposes China-US military hotline

 

   
 

WTO fearing escalation of textile trade row

 

   
 

FMs of China and Japan set to mend fences

 

   
 

Foreign companies ignoring labour laws

 

   
  Foreign companies ignoring labour laws
   
  WTO fearing escalation of textile trade row
   
  Pentagon proposes China-US military hotline
   
  New rules to tackle construction deaths
   
  Hong Kong's good life losing its appeal
   
  Toxic gas leak victims in stable condition
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
洛宁县| 西林县| 仁寿县| 盐亭县| 东兴市| 凤山县| 冷水江市| 金沙县| 平度市| 卫辉市| 星座| 云南省| 商城县| 辽阳县| 延川县| 新丰县| 东丽区| 淮滨县| 克拉玛依市| 霞浦县| 勐海县| 宜兴市| 静宁县| 东山县| 大方县| 海兴县| 五莲县| 车致| 鲁山县| 札达县| 阳曲县| 高州市| 隆德县| 额济纳旗| 宁南县| 邯郸县| 呼玛县| 正阳县| 凤山县| 日土县| 镇安县|