Japan asking China to drop import tariffs
After
China implemented safeguard measures on steel imports valid for 180 days effective from 24 May 2002, Japanese Nippon Steel Corp. president Akira Chihaya advised that they believe the Japanese steelmakers should voluntarily reduce their exports to
China.
The fact that some products exported to
China were reexported to
Japan after a further process is a concern that worries the Japanese steelmakers. Therefore during a bilateral meeting to be held on Monday in Beijing,
Japan is intending to discuss the reexporting issue with
China as well as offering them to retract their safeguard measures.
According to Japanese officials
China should follow the WTO rules and withdraw the import restrictions.