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Europe to lift duties on Chinese lighters
Source: Xinhua |
November 29, 2012, Thursday
|
Print Edition
Print Edition
THE European Commission decided on Tuesday to formally cancel the anti-dumping duties imposed on Chinese lighters, a move that will take effect on December 12.
BIC, a disposable pocket lighter manufacturer based in France, filed a petition to the European Committee for extending the anti-dumping measures on Chinese lighter makers by another five years. The petition has been denied.
The committee said that Chinese lighter makers do not pose a threat to their counterparts in the European Union, citing the fact that BIC's profits enjoyed its biggest surge on record this year.
The EU started its anti-dumping probe on Chinese lighters in April 1990 and made a final ruling in November 1991. The punitive anti-dumping duties against Chinese lighters have been in place for 21 years.
In 2003, major Chinese lighter producers won an anti-dumping suit launched by the European Federation of Lighter Manufacturers, the first victory that Chinese firms have won against anti-dumping action filed by European firms since China joined the World Trade Organization in 2001.
This case started on May 14, 2002, when EFLM alleged that imports of Chinese-made lighters violated anti-dumping laws, a charge the Chinese side strongly denied.
BIC, a disposable pocket lighter manufacturer based in France, filed a petition to the European Committee for extending the anti-dumping measures on Chinese lighter makers by another five years. The petition has been denied.
The committee said that Chinese lighter makers do not pose a threat to their counterparts in the European Union, citing the fact that BIC's profits enjoyed its biggest surge on record this year.
The EU started its anti-dumping probe on Chinese lighters in April 1990 and made a final ruling in November 1991. The punitive anti-dumping duties against Chinese lighters have been in place for 21 years.
In 2003, major Chinese lighter producers won an anti-dumping suit launched by the European Federation of Lighter Manufacturers, the first victory that Chinese firms have won against anti-dumping action filed by European firms since China joined the World Trade Organization in 2001.
This case started on May 14, 2002, when EFLM alleged that imports of Chinese-made lighters violated anti-dumping laws, a charge the Chinese side strongly denied.
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