US and China strike anti-subsidy deal on Chinese major brands

Published: 3-Feb-2010
Ingredients Regulatory

The US is claiming victory in a trade dispute with China, after Beijing announced it would scrap subsidies for products including glycerol monostearate, a key pharmaceutical ingredient used as a solidifier and control release agent.


The US is claiming victory in a trade dispute with China, after Beijing announced it would scrap subsidies for products including glycerol monostearate, a key pharmaceutical ingredient used as a solidifier and control release agent.

Washington had argued these China-christened "famous brands" handouts were export subsidies banned by the World Trade Organisation (WTO). Claiming there were "dozens" of such subsidies, US Trade Representative Ron Kirk said he was "very pleased" with their "full elimination..."

The deal covers exports to all WTO members.


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