MEP Mosca: Granting China MES very unlikely under current circumstances
/14 April 2016 / MEP Alessia Mosca (S&D, Italy) published an op-ed in EurActiv stating that "under current circumstances, it would be difficult- if not impossible- to grant MES, and this is due to the fact that price distortions do continue and that China did not comply with the political agreement which was an implicit and unavoidable step in order to be treated as a Market Economy."
She continues, "China is fulfilling just one of the five criteria set by the EU in order to define a market economy, and an eventual grant would have serious consequences for a number of key European sectors. The EU should be ready to cooperate with the other partners in a similar situation and to come up with a common solution that should be consistent with its WTO obligation. [...] The European Commission should cooperate better with the other European institutions and be creative in finding a solution that will have to take into account the fact that treating China as a Market Economy will have disruptive consequences for the European productions and therefore this will not be acceptable, nor accepted."
Read the full article here.