Saturday, October 1, 2011
The WTO Dispute Resolution Panel in the dispute on "Certain Measures Affecting Electronic Payment Services" has circulated a preliminary ruling in the case filed by the United States against China. In that case, the United States is protesting against Chinese restrictions on U.S. suppliers of electronic payment services. Under the current rules in China, credit card companies such as Visa and MasterCard cannot process many typical transactions.
This first WTO panel decision rejects China's preliminary objection that the complaint filed by the United States did not "provide a sufficient explanation for the legal basis of its complaint, as required by WTO rules." The panel rejected China's preliminary objection and announced that it would consider the case according to the timetable previously set. A ruling on the merits is expected in 2012. Click here to read more from the WTO website.