EU mulls whether to abolish list
Print Edition
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.
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