The story appears on

Page A9

July 21, 2016

GET this page in PDF

Free for subscribers

View shopping cart

Related News

HomeBusinessFinance

EU mulls whether to abolish list

THE European Union is mulling whether to abolish its “non-market economy” list, on which China and 14 other countries are included, and set up a new “country-neutral” method to reform its anti-dumping and anti-subsidy legislation.

The decision was made after the European Commission held the second orientation debate on the treatment of China in anti-dumping investigations as the 15-year-old “surrogate system” is set to expire in December.

“The colleagues have agreed to propose changes to the EU anti-dumping and anti-subsidy legislation with the introduction of a new anti-dumping methodology,” EU Trade Commissioner Cecilia Malmstrom said yesterday.

“We are eliminating the existing list of non-market economy countries,” Malmstrom said. “This is a new method, it will be country-neutral and will be applied equally to all WTO countries.”

This would see the EU creating an additional non-standard methodology. This new methodology would lead to approximately the same level of anti-dumping duties as the EU has today, he said.


 

Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

娌叕缃戝畨澶 31010602000204鍙

Email this to your friend