thousands march in brussels against cheap chinese steel imports
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Thousands march in Brussels against cheap Chinese steel imports

Arab Today, arab today

Arab Today, arab today Thousands march in Brussels against cheap Chinese steel imports

Steel workers demand urgent action About 5,200 representatives from Europe's struggling steel industry circled
Brussels - AFP

Thousands of European steelmakers descended on the EU capital Brussels on Monday demanding that officials do more to stop the flood of cheap imports from China.

Police said about 5,200 representatives from Europe's struggling steel industry circled the EU's Berlaymont headquarters demanding that China be denied market-economy status, an official designation that would make it harder to raise barriers against cheap Chinese steel products.

"Say 'no' to MES for China," said a banner carried by steelworkers dressed in hardhats and fluorescent uniforms, referring to the market economy status long denied Beijing.

China joined the World Trade Organization in 2001 as a developing country economy run largely by the state but was promised a review within 15 years to win a change in status to put it on a par with its major trading partners.

Without the market economy status, the WTO's 162 member countries are much freer to slap anti-dumping measures on cheap Chinese products.
The Unites States and Canada are determined to continue denying China the designation, but fears are that Europe may forge ahead in an effort to avoid angering Chinese authorities.

Though declining for years, the European steel sector counts for 11 percent of the world's total output and employs about one million people in some of Europe's most economically fragile regions.

"If surrendered, China MES could cost the EU millions of jobs and hundreds of billions of euros in lost growth," said a statement by AEGIS, a lobby grouping several industries that would be affected by the change in status.

"We are calling on EU leaders to deny Market Economy Status to China, as it simply is not yet a market economy," it added.

The European Commission, which handles trade matters for the EU's 28 member states, has until the end of the year to make a decision.
At a news briefing, Commission spokesman Daniel Rosario insisted that the decision would be strictly based on technical grounds.

"We are not engaging in a broader philosophical discussion on whether China is a market economy or not," he said.

"This is a specific discussion in the very specific and strict framework of the anti-dumping legislation of the EU," he said.

Last week, it tried to pre-empt industry anger by announcing three new probes into China steel imports. Of 37 EU trade defence measures currently in force, 16 involve Chinese products.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

thousands march in brussels against cheap chinese steel imports thousands march in brussels against cheap chinese steel imports

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

thousands march in brussels against cheap chinese steel imports thousands march in brussels against cheap chinese steel imports

 



GMT 04:22 2017 Tuesday ,26 December

Israel in touch with '10 countries' over embassy moves

GMT 19:43 2017 Friday ,06 October

Employee safety top priority at Khalifa Port

GMT 16:19 2017 Friday ,28 April

ISIS Suspect Arrested in Western Germany

GMT 12:57 2017 Monday ,11 December

50 Students Poisoned by Contaminated Well Water

GMT 16:31 2017 Thursday ,10 August

Palestinians will discuss decline of aids

GMT 21:15 2017 Saturday ,04 March

Obama never ordered surveillance on any US citizen

GMT 10:00 2017 Thursday ,09 March

Russia ‘can be good friends with GCC’

GMT 02:13 2017 Wednesday ,22 February

Russian helicopter crash kills 19 in Siberia

GMT 13:23 2017 Tuesday ,05 December

Lebanon PM Hariri rescinds resignation

GMT 00:39 2017 Tuesday ,05 December

Gunmen kill cleric in Aden, southern Yemen

GMT 11:43 2016 Thursday ,24 November

Will learn from Euro exit

GMT 06:56 2017 Tuesday ,17 October

US ‘not taking sides’ between Iraqi forces, Kurds

GMT 19:59 2017 Thursday ,16 February

Syrian opposition's chief negotiator arrives in Astana
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday