India's tariff on iron ore export to cause great loss to Ch

时间：2007-03-21 01:43:50

（单词翻译:单击）

Chinanews, Guangzhou, March 20 - India has begun to impose a 300-rupee tariff1 on each ton of export iron ores since March 1, 2007, which might bring China a loss of some $500 million.

 

China hopes that India will stick to the original price, as agreed upon in all its contracts signed with China before March, and Baosteel Group is working hard to negotiate with India to that end.

 

"Chinese iron & steel enterprises have just finished price negotiations2 with the three major international iron ore suppliers, but India's tariff hike will surely produce some bad effects upon the steel market in the future," said one who works in the iron and steel industry in Guangdong Province.

 

Currently, more than 100 Chinese iron & steel enterprises are gathering3 at an emergency meeting to find a solution to the problem, and China has temporarily stopped importing iron ores from India.

 
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1 tariff mqwwG     
n.关税，税率；(旅馆、饭店等)价目表，收费表
参考例句：
  • There is a very high tariff on jewelry.宝石类的关税率很高。
  • The government is going to lower the tariff on importing cars.政府打算降低进口汽车的关税。
2 negotiations af4b5f3e98e178dd3c4bac64b625ecd0     
协商( negotiation的名词复数 )； 谈判； 完成（难事）； 通过
参考例句：
  • negotiations for a durable peace 为持久和平而进行的谈判
  • Negotiations have failed to establish any middle ground. 谈判未能达成任何妥协。
3 gathering ChmxZ     
n.集会，聚会，聚集
参考例句：
  • He called on Mr. White to speak at the gathering.他请怀特先生在集会上讲话。
  • He is on the wing gathering material for his novels.他正忙于为他的小说收集资料。

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