WTO panel to probe EU antidumping duties on Chinese footwear

GENEVA - The World Trade Organization (WTO) on Tuesday set up an expert panel which would investigate and rule whether the European Union's antidumping duties on Chinese-made footwear violate global trade regulations.

The panel was established following a second request made by China, which says the EU's anti-dumping measure is "inconsistent with related WTO agreements and impaired China's benefits." A previous request made last month was blocked by the EU in accordance with related procedures.

It usually takes more than six months for a panel, which usually consists of three to five experts, to issue its ruling on a trade dispute.

If China wins the case, it can be authorized by the WTO to take appropriate retaliatory measures against the EU antidumping duties.

Source: China Daily