V the eu anti-dumping measures fasteners ruling China report

Published on 2018-08-15

It is reported that China is the world’s largest carbon steel fasteners such as screws, nuts and bolts producer, is the main market of these products in the European Union.In January 2009, the eu decided to impose a 26.5% carbon steel fasteners products in China to 85% of anti-dumping duties.On July 31, 2009, China will be the eu anti-dumping measures legislation and appeal to the wto dispute settlement mechanism.The case be the first in China in the world trade organization (wto) against the European Union.On December 3, 2010, the world trade organization (wto) panel ruling published reports, support the Chinese in a separate tax rate on all positions and fasteners of anti-dumping measures.On March 25, 2011, the eu will appeal.China on March 30, has not been the problem of expert group support further appeal.On July 15, 2011, the wto appellate body decision published reports.The ministry of commerce to speaking today treaty law department chief, said China welcomes the decision of the appellate body.The eu is the world’s most anti-dumping investigation on Chinese products one of wto members, its the basic anti-dumping regulations (5) of article 9 of separate tax law for a long time to make Chinese enterprises suffer unfair treatment.China won the case is of great significance, will help improve Chinese enterprises in international market competition environment, including the European Union, will also strengthen the wto members of the wto rules and the confidence of the multilateral trading system.This is not only the victory of the Chinese industry, is also the victory of the world trade organization (wto) rules.The wto appellate body released carbon steel fasteners anti-dumping measures on China in China against the eu report, concluded that the eu anti-dumping basic ordinance (5) of article 9 of individual tax laws violate wto rules;At the same time, the appellate body to overthrow the panel part of the ruling, supports China’s position, ruled that the eu against Chinese screws, nuts, bolts and other carbon steel fasteners on the implementation of anti-dumping measures, in the domestic industry determination, normal value and export price fair comparison also violated wto rules.He also said that China hopes that the eu will cancel the inconsistent with wto rules of legislation as soon as possible and discriminatory antidumping measures, fair treatment of China’s export enterprises, to safeguard free trade and fair competition.