Brussels, 05/07/2011 (Agence Europe) - As expected, the World Trade Organisation (WTO) has backed a case jointly brought by the United States, Mexico and EU against restrictions imposed by China on exports of raw materials. This, Trade Commissioner Karel De Gucht says, is a “strong signal” to Beijing as contention over rare earths grows.
Along the lines of its preliminary verdict on stakeholders issued in April, the WTO ruled in favour of the complainants on Tuesday 5 July, considering...