Hey guys,
You know, something strikes me about this whole business with banning electronic cigarettes, or posing restrictive laws of any kind on them. Doesn't matter where we're talking about. All civilized countries are bound by treaty to accept the decision of the World Trade Organization. Say what you will about the WTO, the fact remains that their only real interest is trade, and their member nations making money though trade.
As of now, Chinese exporters have what I would consider to be a reasonable complaint against the FDA and health organizations like it that decide to restrict the import of these very profitable products.
Historically, the WTO has stepped in and altered American policy on issues ranging from Envirenmental legislation, to the way we handle intellectual property.
Fact of the matter is that while American suppliers of electronic cigarettes are suffering, our poor friends in China who make these miraculous devices are losing even more. American suppliers and potential American suppliers are scared and losing money.
The amount that Chinese OEM's are losing as a result of this could potentially be in the lower to mid BILLIONS! And that's just the wholesale cost, folks. They're also suffering because of what amounts to an FDA smear campaign against a product that's never been proven to be dangerous. That affects consumer interest, which affects suppliers, which affect Original Equipment Manufacturers DIRECTLY! So why haven't the Chinese OEM's filed a complaint with the World Trade Organization? They clearly have a reasonable claim.
Anybody know?
You know, something strikes me about this whole business with banning electronic cigarettes, or posing restrictive laws of any kind on them. Doesn't matter where we're talking about. All civilized countries are bound by treaty to accept the decision of the World Trade Organization. Say what you will about the WTO, the fact remains that their only real interest is trade, and their member nations making money though trade.
As of now, Chinese exporters have what I would consider to be a reasonable complaint against the FDA and health organizations like it that decide to restrict the import of these very profitable products.
Historically, the WTO has stepped in and altered American policy on issues ranging from Envirenmental legislation, to the way we handle intellectual property.
Fact of the matter is that while American suppliers of electronic cigarettes are suffering, our poor friends in China who make these miraculous devices are losing even more. American suppliers and potential American suppliers are scared and losing money.
The amount that Chinese OEM's are losing as a result of this could potentially be in the lower to mid BILLIONS! And that's just the wholesale cost, folks. They're also suffering because of what amounts to an FDA smear campaign against a product that's never been proven to be dangerous. That affects consumer interest, which affects suppliers, which affect Original Equipment Manufacturers DIRECTLY! So why haven't the Chinese OEM's filed a complaint with the World Trade Organization? They clearly have a reasonable claim.
Anybody know?