USEUROPEAFRICAASIA 中文双语Français
Business
Home / Business / Industries

China regrets US challenge at WTO

Xinhua | Updated: 2016-12-16 16:52

BEIJING - China's Ministry of Commerce (MOC) on Friday expressed "regret" over a US government challenge to China's tariff rate quotas for agricultural products.

An official with the ministry said in a statement that China has received a request for consultation from the US and will properly handle the dispute in accordance with World Trade Organization (WTO) rules.

The US government announced Thursday the complaint against China and said it was trying to hold China to its commitment to allow set quantities of grain and corn to enter the country at a lower tariff rate.

The MOC official said the tariff rate quotas of agricultural products were clearly acknowledged in China's agreement to the terms when it joined the WTO, and the tariff rate quotas of wheat, grain and corn were in line with China's commitment.

The official noted that China has always respected WTO rules in managing its foreign trade of agricultural products with the aim of maintaining stability in international trade.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US