US says China agrees to end brand sops WTO case

“Export subsidies are illegal under WTO rules,” the USTR said in a statement.
“The termination of the subsidies will level the playing field for American workers in a wide range of manufacturing and export sectors, including household electronic appliances, textiles, light manufacturing industries, agricultural and food products, metal and chemical products, medicines, and health products.”

The case centers on China’s “Famous Export Brand” program and the “China World Top Brand” programme under which the government set out criteria for an enterprise to receive such designations.

Liked the story?

  • 0

    Happy
  • 0

    Amused
  • 0

    Sad
  • 0

    Frustrated
  • 0

    Angry