
The Dispute Settlement Body (DSB) of World Trade Organization (WTO) Wednesday decided to form a panel of trade experts, as requested by the United States, to investigate China's implementation of WTO recommendations and rulings in a high-tech steel dispute between the two countries. The DSB made the decision at its regular meeting held on Wednesday, having accepted the establishment of a compliance panel to probe into China's compliance on the dispute concerning countervailing and anti-dumping duties on grain oriented flat-rolled electrical steel (GOES) from the US. In November 2012, the WTO concluded that China imposed duties on U.S. exports of GOES in breach of both procedural and substantive WTO rules. China has re-determined its duties on GOES from the United States to comply with WTO ruling since July last year. In January 2014, the U.S. requested consultations with China over the latter's implementation of WTO recommendations and rulings. The U.S. claimed that China has not fully complied with the WTO rulings, while China insisted otherwise. The investigation of the compliance panel will take 90 days. GOES is a high-tech, high-value magnetic specialty steel that is used primarily by the power generating industry in transformers, rectifiers, reactors, and large electric machines.
GMT 09:43 2018 Tuesday ,23 January
Global unemployment down but working poverty rampantGMT 15:13 2018 Sunday ,21 January
All you need to know about Davos 2018GMT 22:33 2018 Saturday ,20 January
Calls for action over dirty money flowingGMT 04:42 2018 Saturday ,20 January
Storm caused 90 mn euros in damage: Dutch insurersGMT 07:06 2018 Friday ,19 January
China economy rebounds in 2017 with 6.9% growthGMT 11:35 2018 Thursday ,18 January
'Massive' infrastructure spending needed in AfricaGMT 14:29 2018 Wednesday ,17 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 18:55 2018 Tuesday ,16 January
London stock market edges to new high

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor