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China breaks WTO rules
World Grain
WASHINGTON, D.C., U.S. — A coalition of six trade associations representing the grain export and soybean processing industries in the United States, Brazil and Argentina last week called upon their respective governments to work collaboratively to eliminate ongoing trade restrictions imposed by China that violate China’s commitments under World Trade Organization rules, according to a release issued by the associations. During the past 18 months, China’s actions have defied the rules-based trade system of the WTO, the groups charge. The complaints include China's cancellation of contracts, the blacklisting of 23 companies from participating in trade and the imposition of onerous requirements regarding how and with whom trade must be conducted, the groups said. In a letter to President Nestor Kirchner of Argentina, Brazilian President Luiz Inácio Lula da Silva and U.S. President George Bush, the associations urged that their respective governments seek the following actions: • Rescission of China’s July 1 regulations restricting trade based upon non-transparent, arbitrary phytosanitary rules; • public commitment by China to forego future efforts to restrict or manage trade in violation of its WTO responsibilities; and • establishment by the governments of the United States, Brazil and Argentina of a technical working group to improve communication and understanding of key issues affecting agricultural exporting countries. Jointly submitting the letter to the heads of states of Argentina, Brazil and the United States were: Associacao Brasileira das Industrias de Óleos Vegetais (ABIOVE, the Brazilian Oilseed Processors Association); Associacao Nacional dos Exportadores de Cereais (ANEC, the Brazilian National Association of Grain Exporters); Camara de la Industria Aceitera de la Republica Argentina (CIARA, the Argentine Oil Industry Chamber); Centro de Exportadores de Cereales (CEC, the Chamber of Grain Exporters of Argentina); the North American Export Grain Association (NAEGA, the United States); and the North American Oilseed Processors Association (NOPA, United States).
MGR Archive 7.7.2004
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Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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