Dumping Duties other Countries also End in 2018
12/06/2014 12:00
BRUSSELS, Belgium – Contrary to the widespread assumption, also the 48.5% dumping duties levied on bikes imported from Indonesia, Malaysia, Sri Lanka and Tunisia into the EU (with an exemption to 7 individual companies) will run op to June 2018.
On June 4, 2013, the Official Journal of the European Union published that the European Commission has decided on its interim review for anti-dumping duties for bikes imported from China. That same Regulation (990/2011) mentions the extension of the 48.5% dumping duties to Indonesia, Malaysia, Sri Lanka and Tunisia with the exemption of 7 companies.
European Bicycle Manufacturers' Association
Last week Bike Europe reported on the message from the European Bicycle Manufacturers' Association (EBMA). Contrary to the general assumption by many in the industry that the dumping duties on bikes made in China and exported to the EU markets are to end in 2016 EBMA stated that they are in force up to June 2018. EBMA Chairman Brian Montgomery said: "This 5 year term is stipulated in Article 11(2) of the Basic Anti-dumping Regulation."
Expiry term
This article says: "A definitive anti-dumping measure shall expire five years from its imposition or five years from the date of the conclusion of the most recent review which has covered both dumping and injury, unless it is determined in a review that the expiry would be likely to lead to a continuation or recurrence of dumping and injury. Such an expiry review shall be initiated on the initiative of the Commission, or upon request made by or on behalf of Community producers, and the measure shall remain in force pending the outcome of such review."
The EBMA chairman: "The review which ended in June 2013 covered both dumping and injury, and therefore the resulting measures expire five years from its conclusion. So that's in June 2018."
This mean that also bikes imported Indonesia, Malaysia, Sri Lanka and Tunisia will be levied with 48.5% dumping duty up to June 2018. However, 7 companies are granted an exemption on the dumping duty.
These companies are:
From Indonesia:
P.T. Insera Sena
PT Wijaya Indonesia Makmur Bicycle Industries (Wim Cycle),
P.T. Terang Dunia Internusa, (United Bike)
From Sri Lanka:
Asiabike Industrial Limited
BSH Ventures (Private) Limited
Samson Bikes (Pvt) Limited
From Tunisia:
Euro Cycles SA
Source: Bike-Eu
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