Brussels with De Gucht was "constructive and theexchanges were useful."However, the EC was less than effusive, and it seemsto have become more likely, rather than less, thatprovisional ADs will be imposed on Chinese solarexports to the EU.A statement by the EU Trade Spokesman John Clancyafter the meeting emphasized that "De Gucht expressedclearly that he was ready to negotiate a solutionon the solar panels case," but that it was alsoindicated that De Gucht intends to "examine thepossibility of a negotiated settlement in partnershipwith the United States should this become necessary."De Gucht has "made it very clear to the Vice-Ministerthat he was aware of the pressure being exertedby China on a number of EU member states, [butthat it] is the EC which has the role of deciding onprovisional tariffs." At a hearing with the EuropeanParliament's trade committee, he is reported tohave added that China "can try to put pressure onmember states, but they will waste their time tryingto do so with me."Chinese Trade DisputesThe Focus Of WTO MeetingAmong decisions taken during the meeting of theWorld Trade Organization's Dispute SettlementBody (DSB) on May 24, 2013, a panel was approvedto examine Japanese claims of illegitimate Chineseanti-dumping duties being levied on High PerformanceStainless Steel Seamless Tubes from Japan.The panel will investigate Japanese claims set out ina request for consultations by Japan on December20, 2013. The dumping duties were introduced byway of Notices No 21 and 72, issued by the ChineseMinistry of Commerce (MOFCOM) during2012. The European Union, India, Korea, Russiaand the United States reserved their third-partyrights to participate in the panel's proceedings.Other matters progressed during the DSB's meetingincluded a confirmation from China that itwill implement the DSB's recommendations andrulings in the dispute "China - Definitive Anti-Dumping Duties on X-Ray Security InspectionEquipment from the European Union" in a mannerthat respects its WTO obligations.Clancy's statement concluded that the EC "willlook at any proposal to be made after the impositionof provisional measures, if any. In this respect,the ball is very much in China's court. The finaldecision on possible provisional measures in thiscase must be taken by June 5, according to the legalprocess. The full investigation continues and willconclude in early December 2013."In February 2013, a World Trade Organizationpanel ruled against China in respect of anti-dumpingduties, of 71.8 percent, on imports of certainsecurity inspection equipment (x-ray scanners)from the European Union. The panel in particularfound that China's investigation into "dumping,"where a product is sold to a foreign market at belowthe market price, was not objective, and flawed56
on many levels. The panel found that MOFCOMfailed to consider all relevant economic factors, inparticular, the "magnitude of the margin of dumping,"when calculating its anti-dumping duties.The Panel requested that China revoke the antidumpingduties, and permitted the EuropeanUnion to claim benefits under the Anti-DumpingAgreement of equal value to the illegitimate dutieslevied by Chinese authorities.Also at the May 24, 2013, meeting, the DSB alsodeferred the establishment of a panel to examine Indonesia'scomplaint in the dispute "European Union- Anti-Dumping Measures on Imports of CertainFatty Alcohols from Indonesia;" deferred the establishmentof a panel to examine Panama's complaintin the dispute "Argentina - Measures Relating toTrade in Goods and Services;" and heard an additionalstatement from Dominica, speaking on behalfof Antigua and Barbuda, in relation to the ongoingdispute between the United States and the Caribbeanterritory on the cross-border supply of gamblingand betting services.Hong Kong To Join InternationalServices Trade Agreement TalksIt has been disclosed that Hong Kong will formallyparticipate in negotiations between some WorldTrade Organization (WTO) members this year onthe trade in services agreement, also known as thePlurilateral Services Agreement (PSA).In July 2012, a group of WTO members agreed to intensifydiscussions on a "high ambition" internationalagreement on a wide range of services, to reinforce andstrengthen the multilateral services trading system.Participants have stated that a new PSA should becomprehensive in sectoral scope, including informationand communication technology services, logisticsand transport, financial services and servicesfor businesses; contain new and enhanced rules thatcountries have developed since the WTO GeneralAgreement on Trade in Services entered into force in1995; increase market access commitments to be asclose as possible to countries' current practices; andproduce new market liberalization improvements.The agreement will be open to all WTO memberswho wish to join, but, as of April 2013, the participatingeconomies of the PSA comprise 22 WTOmembers, namely Australia, Canada, Chile, ChineseTaipei, Colombia, Costa Rica, the EuropeanUnion, Hong Kong, Iceland, Israel, Japan, SouthKorea, Mexico, New Zealand, Norway, Pakistan,Panama, Paraguay, Peru, Switzerland, Turkey andthe United States.Hong Kong is a service-oriented economy, with theservice industry constituting over 93 percent of itsgross domestic product. It is therefore expected thateventual participation in the PSA will allow HongKong to strengthen trade and economic ties withother economies and provide more business opportunitieswith many of its major trading partners, aswell as some relatively new markets.The other participating economies of the PSA, as awhole, account for around 70 percent of total world57
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