Brussels – The European Commission has taken a bold step in defending the interests of the European Union by launching a challenge at the World Trade Organization (WTO) against China’s recent investigation into EU dairy products. This move comes after the EU placed import tariffs on Chinese electric vehicles, which has sparked a retaliatory response from China.
This is the first time the EU has taken such action at the beginning of an investigation, rather than waiting for it to result in trade measures against the bloc. The European Commission stated that their action was prompted by a concerning trend of China initiating trade defense measures based on questionable allegations and insufficient evidence, within a short period of time.
The WTO proceedings will begin with a mandatory 60-day consultation period for both parties to discuss the issue. However, if a satisfactory solution is not reached, the Commission has stated that they will ask the WTO to set up an adjudicating panel.
It is worth noting that WTO panels typically take more than a year to reach conclusions. This shows the EU’s commitment to resolving this issue in a timely and efficient manner.
China’s anti-subsidy investigation, which was initiated on August 21st, targets EU liquid milk, cream with a fat content above 10%, and various types of cheeses. The European Commission has expressed confidence that the EU’s dairy subsidy schemes are fully in line with international rules and are not causing any harm to China’s dairy sector.
In response to the EU’s actions, China has also launched anti-dumping investigations into EU brandy and pork. This further highlights the need for the EU to take a strong stance in defending its interests and ensuring fair trade practices.
The EU’s decision to impose provisional duties on electric vehicles built in China in July has been met with criticism from China. However, the EU members are expected to vote soon on final tariffs, which would apply for five years. This is a necessary step in protecting the EU’s domestic industries and ensuring a level playing field for all parties involved.
The European Commission’s actions at the WTO demonstrate their commitment to upholding international trade rules and protecting the interests of the EU. The EU has always been a strong advocate for fair and free trade, and this move further solidifies their stance.
The EU and China have a strong economic relationship, and it is in the best interest of both parties to resolve this issue through constructive dialogue and cooperation. The EU remains open to finding a mutually beneficial solution that will benefit both sides.
In conclusion, the European Commission’s challenge at the WTO against China’s investigation into EU dairy products is a necessary step in protecting the EU’s interests and ensuring fair trade practices. The EU remains committed to resolving this issue through dialogue and cooperation, and we are confident that a satisfactory solution will be reached. The EU will continue to uphold international trade rules and promote fair and free trade for the benefit of all parties involved.
