Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-27-Speech-2-139-000"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| lpv:document identification number |
"en.20110927.5.2-139-000"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:translated text |
"The case before the WTO was about dual pricing, namely, that China obtained prices for local consumption and production that were different from the prices for exports, by imposing export duties and enforcing a quota. What the WTO panel has been deciding – the matter is now before the Appellate Body, so we will have to wait for the final decision – is that the justification that China was giving was not correct. The justification was for environmental reasons. The panel said that, if the environmental reasons were valid for export, they were also valid locally, so this was not a valid answer to the questions put by the European Union, the United States and Mexico.
That is what we have been enforcing. I hope this will have an impact on the rare earth materials. We already see that: quotas are not going down and prices are going down.
Regarding your specific question with respect to weaker countries, first of all, we have launched this case against China because the trade with China in raw materials is of paramount importance. I do not think we would immediately start such a case against whatever small country you might have in mind because what we are worried about is, of course, the global balance in the trade in raw materials."@en1
|
| lpv:unclassifiedMetadata | |
| lpv:videoURI |
Named graphs describing this resource:
The resource appears as object in 2 triples