China blasts Argentina trade restrictions

[Moin91]

Sunday, August 26, 2007
BEIJING: China has expressed serious concern at a recent move by Argentina to impose restrictions on Chinese goods, state media said on Saturday.

“It is neither reasonable nor acceptable for the Argentine side to make such moves without notifying China in advance,” a spokesman at the commerce ministry said, according to the China Daily.

Argentina revealed a new system of tariffs earlier this month to restrict the imports of consumer goods, particularly from China, to protect local industry.

The measures will be applied to other nations, and in particular target goods such as leather items, bicycles, computer equipment and shoes.

“Imports that come from China will come under a greater level of control”, Argentine Economy Minister Miguel Peirano said when introducing the rules, adding it would give local producers better conditions.

Goods from China will have to validated by Chinese customs officials and have an importation certificate from the Argentine consulate in Beijing.

China blasts Argentina trade restrictions

 

[morind]

Argentina has gone too far this time,they should imform Chinese gvt before taking actions

 

[Bull]

Argentina has gone too far this time,they should imform Chinese gvt before taking actions

Why shud they inform chineese govt before taking actions?

 

[intruder]

Argentina has gone too far this time,they should imform Chinese gvt before taking actions

OMG !! I was not aware that Argentina has to take permission from China before deciding on its ecomomy policies !!!!