EU, US, JAPAN PUSH FOR SWIFT WTO ACTION ON CHINA RARE EARTH CONTROLS
June 1st, 2012
BY KEITH NUTHALL
THE USA, European Union (EU) and Japan are using emergency procedural tactics to bring forward a World Trade Organisation (WTO) disputes procedure aimed at stopping restrictions on the export of China's rare earths.
These three key WTO members claim China is breaking WTO global trade laws by preventing rare earths from reaching global market; Beijing argues it is acting legally and legitimately to protect a scarce and valuable resource.
Today, Washington, Brussels and Tokyo combined to demand a special meeting of the WTO disputes settlement body ...
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