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December 3, 2013

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EU to levy tariffs

The European Union decided yesterday to impose definitive measures on Chinese solar panels. According to a press release, the Council of the EU backed the European Commission’s proposals to impose definitive anti-dumping and anti-subsidy measures on imports of solar panels from China.

Duties will apply for two years as of Friday. In parallel, the commission confirmed its decision to accept the undertaking with Chinese solar panel exporters, which means that those Chinese exporters who participate in the undertaking continue to be exempt from paying any anti-dumping and anti-subsidy duties.




 

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