Is China Compliant With Its Export Restraint Obligations?

Law360, New York ( May 11, 2015, 10:03 AM EDT) -- After losing disputes at the World Trade Organization in 2014, China has taken steps to bring itself into compliance on a case involving rare earth, tungsten and molybdenum products. For example, effective May 1, 2015, China eliminated export duties on rare earth minerals, tungsten and molybdenum.[1] China had previously, on Jan. 1, 2015, eliminated export quotas on these products.[2] China also appears to have addressed the challenge to limiting requirements for companies to trade in rare earth, tungsten and molybdenum products. Specifically, the 2015 Catalogue of Commodities Subject to Export License Administration, which officially categorized rare earths under export licensing, stated in Article 10 that exporters of rare earths, tungsten, and molybdenum are only required to provide export contracts to obtain export licenses, no approval documents required. The actions of China were welcomed by the United States.[3]...

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