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EU appeals WTO ruling in China fasteners dispute

EU appeals WTO ruling in China fasteners dispute

EU appeals WTO ruling in China fasteners dispute.

The European Union has appealed against a World Trade Organisation ruling that said its duties on fasteners from China broke international trade rules, a WTO spokesman said on Friday.
The ruling by a panel of WTO experts last year marked a victory for China in its first WTO dispute with the EU. It was a setback for the European Union in its dealing with countries it considers are not market economies.

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Friday, March 25, 2011