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(0706 CR M01)CHINA REGRETS WTO RULING

From Xinhua News Agency: (0706 CR M01)CHINA REGRETS WTO RULING DATELINE: July 6, 2011 LENGTH: 00:01:40 PKG INTRO China says it regrets a World Trade Organization decision, which ruled that the country's relevant measures on raw material export are inconsistent with WTO agreements. China Report has more. PKG The WTO Dispute Settlement Body has issued a panel report, making its preliminary judgment that China's relevant measures regarding export duties and export quotas are inconsistent with relevant WTO rules. The Chinese Preferment Mission to the WTO expressed its regret to the ruling on Tuesday. It said that for the purpose of protecting the environment and exhaustible natural resources, China in recent years has reinforced its administration on certain resource products. Although these measures have certain impact on domestic and international users, it said, they are in line with the objective of sustainable development promoted by the WTO and they help to induce the resource industry towards heal Powered by www.newslook.com

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