Subscribe free to our newsletters via your
. Space Travel News .




TRADE WARS
Mexico takes textile dispute with China to the WTO
by Staff Writers
Geneva (AFP) Oct 15, 2012


Mexico has called for discussions at the World Trade Organisation on Chinese support for its textile companies, a statement said on Monday.

Mexico said it sought the talks "because China appears to maintain a wide variety of measures that support producers and exporters of apparel and textile products, both directly and indirectly."

The measures mentioned by Mexico included alleged subsidies like tax exemptions or reductions, and import duty refunds that would be inconsistent with China's committments to the WTO, the statement said.

Also on the long list of potential issues were "extended loan repayment periods, and debt forgiveness provided by state-owned banks" and "cash payments from Chinese government agencies at all levels to enterprises active in designated industries."

Requests for consultations represent the initial stage of formal WTO dispute procedures.

If a solution is not found within 60 days, the country that initiates the action can ask that the issue be taken up by an internal WTO body for further consideration.

.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








TRADE WARS
China IMF boycott 'a sign of things to come': analysts
Tokyo (AFP) Oct 14, 2012
China's top level boycott of global financial meetings in Japan this week is a sign of things to come, analysts say, as an economically emboldened Beijing shows struggling Western nations it doesn't need to play by their rules. With global growth slowing, many in the developed world are looking to Beijing to pick up the slack, and the annual meetings of the International Monetary Fund and Wo ... read more


TRADE WARS
Proton Lofts Intelsat 23 For Americas, Europe and Africa Markets

India to launch 58 space missions in next 5 years

SpaceX Dragon Successfully Attaches To Space Station

Another Ariane 5 Enters Launch Campaign Queue

TRADE WARS
Robotic Arm Tools Get To Work On Rock Outcrop

Curiosity Preparing for Second Scoop

Mars rover makes surprising rock find

Meteorite delivers Martian secrets to University of Alberta researcher

TRADE WARS
Russia to launch lunar mission in 2015

Moon water could have solar source: study

Solar wind particles likely source of water locked inside lunar soils

Russian moon mission said funded, ready

TRADE WARS
Sharpest-ever Ground-based Images of Pluto and Charon: Proves a Powerful Tool for Exoplanet Discoveries

The Kuiper Belt at 20: Paradigm Changes in Our Knowledge of the Solar System

e2v To Supply Large CMOS Imaging Sensors For Imaging Kuiper Belt Objects

Fly New Horizons through the Kuiper Belt

TRADE WARS
Nearby Super-Earth Likely a Diamond Planet

Candels Team Discovers Dusty Galaxies At Ancient Epoch With Hubble Space Telescope

Large water reservoirs at the dawn of stellar birth

Comet crystals found in a nearby planetary system

TRADE WARS
India testfires Mars mission engine

ATK Awarded $50 Million Contract for NASA's Advanced Concept Booster Development for SLS

Rotors seen as method of spacecraft return

ATK and NASA Showcase Cost-Saving Upgrades for Space Launch System Solid Rocket Boosters

TRADE WARS
China launches civilian technology satellites

ChangE-2 Mission To Lagrange L2 Point

Meeting of heads of ESA and China Manned Space Agency

China Spacesat gets 18-million-USD gov't support

TRADE WARS
Lost asteroid rediscovered with a little help from ESA

First Evidence of Dynamo Generation in an Asteroid

Asteroid fragments could hint at the origin of the solar system

A New Dawn For NASA's Asteroid Explorer




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement