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What Is The "Automatic" Export Quota System?

2010/4/22 15:29:00 28

What Is The "Automatic" Export Quota System? Automatic Export Quota System


“自動”出口配額制(Voluntary Export Quotas):  


It is also a means of restricting imports.

The so-called "automatic" export quota system is the "automatic" regulation of exporting countries or regions under the pressure or requirements of importing countries.

"During the period (usually 3~5 years), the export restrictions of certain commodities on the country will be controlled within the specified quota, and the export quota is prohibited.

For export countries, the "automatic" export quota is obviously mandatory.

Importing countries often import large quantities of goods, causing serious damage to their relevant industrial sectors, resulting in the so-called "market confusion", requiring the export of the countries concerned to carry out "orderly growth" and automatically restricting the export of commodities, otherwise, unilateral restrictions on imports will be imposed unilaterally.

Under such circumstances, some export countries had to be forced to impose "automatic" export restrictions.

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