EU stops measures on China’s PET products
Print Edition
THE European Union has brought an end to 13-year-long trade remedy measures on polyethylene terephthalate (PET) originating in China after terminating an expiry review.
“The European Commission concludes that the expiry review of the anti-dumping measures applicable to imports of PET originating in China should be terminated,” said a statement in the official journal of the EU.
The measures in force are a definitive anti-dumping duty imposed in November 2010 and supposed to expire in November 2015.
However, some PET manufacturers asked for an expiry review in June 2015 to see whether the expiry of these measures result in recurrence of dumping and recurrence of injury to the bloc’s industry.
According to the official document, the applicant, the Committee of Polyethylene Terephthalate Manufacturers in Europe, formally withdrew its request for the expiry review earlier. The EU supervisors found no signs showing such a termination would be against the bloc’s interest in their investigation.
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