Feb. 11, 2019 – -As required by law, on February 4, 2019, the Office of the U.S. Trade Representative released reports assessing China’s and Russia’s implementation of their respective World Trade Organization (WTO) commitments.
The Week, an Indian publication, reported the USTR report alleges that China’s use of export and import substitution subsidies has been ubiquitous throughout the past two decades in sectors as diverse as automobiles, textiles, advanced materials, medical products and agriculture, despite explicit prohibitions in the WTO Agreement.
China has repeatedly committed to review applications of agricultural biotechnology products in a timely, ongoing and science-based manner. “However, the Chinese regulatory authorities continue to review applications slowly and without scientific rationale, while Chinese companies continue to build up their own capabilities in the area of agricultural biotechnology,” it said.
The complete report on China’s WTO compliance can be found here.