City
Epaper

Australia expresses interest in joining EU's trade dispute case talks against China, says Canberra opposes economic coercion

By ANI | Updated: January 29, 2022 19:40 IST

Australia expressed its interest to join case talks launched by the EU against China over a trade dispute and said that Canberra opposes the use of economic coercion and discriminatory and restrictive trade practices.

Open in App

Australia expressed its interest to join case talks launched by the EU against China over a trade dispute and said that Canberra opposes the use of economic coercion and discriminatory and restrictive trade practices.

"Australia has a substantial interest in the issues raised in the dispute brought by the European Union against China regarding discriminatory trade practices imposed on Lithuania and will request to join these consultations," said Australian Trade Minister Dan Tehan in a statement on Saturday.

On Thursday, the European Union launched a case at the World Trade Organization (WTO) against China over Beijing's discriminatory trade practices against Lithuania, which it says are also hitting other exports from the EU's Single Market.

The Australian Minister also conveyed Canberra's commitment to back the multilateral trading system. "We are committed to upholding and supporting the multilateral trading system with the WTO at its core. The WTO dispute settlement system is designed to help members settle their differences in a respectful manner," he said.

Australia opposes the use of economic coercion and discriminatory and restrictive trade practices which undermine the rules-based international trading system and cause economic harm, said the Australian Minister.

"Launching a WTO case is not a step we take lightly. However, after repeated failed attempts to resolve the issue bilaterally, we see no other way forward than to request WTO dispute settlement consultations with China. The EU is determined to act as one and act fast against measures in breach of WTO rules, which threaten the integrity of our Single Market. We are in parallel pursuing our diplomatic efforts to deescalate the situation," said Executive Vice-President and Commissioner for Trade, Valdis Dombrovskis.

From December last year, China began to heavily restrict or de facto block imports from and exports to Lithuania, or linked to Lithuania. The Commission has repeatedly raised the matter with the Chinese authorities.

The European Commission said it has built up evidence of the various types of Chinese restrictions. "These include a refusal to clear Lithuanian goods through customs, rejection of import applications from Lithuania, and pressuring EU companies operating out of other EU Member States to remove Lithuanian inputs from their supply chains when exporting to China," the commission said.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: CanberrabeijingEuropean UnionWorld trade organizationDan Tehan
Open in App

Related Stories

CricketIndia vs Australia 1st T20I Match Abandoned Due to Rain in Canberra

CricketAUS vs IND, Canberra Weather Forecast: Will Rain Play Spoilsport in Australia vs India 1st T20I Match?

InternationalBeijing Rains: 44 Dead and 9 Missing Due to Torrential Rainfall in China

InternationalBulgarian MPs Clash in Parliament After EU Approves Plan to Replace National Currency With Euro by 2026; Video Goes Viral

InternationalTariff War: Diamonds, Eggs Among Goods to Get Costlier If EU Retaliates Against US Tariffs

International Realted Stories

InternationalQuad serves as valuable platform for discussions in Indo-Pacific region: MEA

InternationalPakistan's economic decay fuels rising poverty and inequality, warns World Bank Group

International‘Dalai Lama’s photos seized’: China escalates repressive campaign in Tibet

InternationalUDAN connects India as aviation targets $10 trillion economy by 2047: Report

InternationalClandestine nuclear activities consistent with Pak's history: MEA on Islamabad "testing" nuclear weapons