Ginebra. China complained this Monday to the World Trade Organization about the inappropriate application by the European Union (EU) of anti-subsidy tariffs on new electric vehicles manufactured in the Asian country.
In its complaint, the Chinese diplomatic mission said that it “firmly opposes” the measures and insisted that it seeks to protect the electric vehicle industry and support a global transition towards greener technologies.
He further argued that the EU measure amounted to “an abuse of trade remedies” that violates WTO rules, and amounted to “protectionist” measures.
Given this, the European Commission (EC) insisted on defending the legality of the tariffs imposed on electric cars imported from China to compensate for illegal subsidies from Beijing to producers in the Asian country, adding that it was going to study and “take note” of the complaint to give a timely response.
“The European Commission takes note of the request for consultations presented by China at the WTO, we will study all the details and react to the Chinese authorities in due time, following WTO procedures,” a community spokesperson told Europa Press.
Separately, Chinese Commerce Minister Wang Wentao urged France to play an active role in pushing the EC to show sincerity and reach a solution with China regarding the anti-subsidy investigation on electric vehicles.
Furthermore, he said, unlike the EU’s anti-subsidy investigation, which was launched without the industry’s request, China’s investigation into trade settlement measures targeting certain EU products, such as brandy, pork and dairy products , were initiated at the request of domestic industries, in full compliance with WTO rules and Chinese laws and regulations.
It was last month that the European bloc announced it was imposing import tariffs of up to 35 percent on electric vehicles from China, claiming Chinese exports were unfairly undercutting prices for the EU industry. The tariffs must remain in place for five years, unless an amicable agreement can be reached.
!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window, document,’script’,
‘
fbq(‘init’, ‘133913093805922’);
fbq(‘track’, ‘PageView’);
fbq(‘track’, ‘Contact’);
fbq(‘track’, ‘Donate’);
fbq(‘track’, ‘FindLocation’);
fbq(‘track’, ‘Lead’);
fbq(‘track’, ‘Search’);
fbq(‘track’, ‘Subscribe’, {value: ‘0.00’, currency: ‘MXN’, predicted_ltv: ‘0.00’});
fbq(‘track’, ‘ViewContent’);
#China #complains #WTO #tariffs #vehicles
–