EU Members Voted on Dumping Duty for China Imports
24/04/2013 12:00
BRUSSELS, Belgium – Last Friday, April 19, 2013, the dumping case on bicycles imported from China and the illegally circumnavigated imports from China made bikes by companies in various Asian countries, passed the European Union Dumping Committee.
On April 19, 2013, the dumping case on bicycles imported from China and the illegally circumnavigated imports from China made bikes by companies in various Asian countries, passed the European Union Dumping Committee. - Photo European Union
At the European Union Dumping Committee delegates from all 27 EU member states voted on the two cases in which the People's Republic of China is accused of dumping bicycles on the EU markets which were recently investigated on by the European Commission's DG Trade. The results of these investigations are published in two General Disclosure Documents.
On April 2 Bike Europe reported on the content of these two documents; click here for that article.
A more extensive report is in Bike Europe's April edition which is to reach our readers end of this week.
Positive mood
On how the 27 member states voted exactly; the number in favor or against and the ones that sustained from voting, isn't revealed yet. However, a bike industry association representative told Bike Europe that there was: "A positive mood on the proposals made in the two General Disclosure Documents."
Probability enhanced
With this the probability of a continuation of the 48.5% anti-dumping duties to be levied on the bicycles imported from China into Europe (with the exception of following three companies: Zhejiang Baoguilai Vehicle Co. Ltd.: 19.2%; Oyama Bicycles (Taicang) Co. Ltd.: 0% and Ideal (Dongguan) Bike Co., Ltd.: 0%) is even enhanced further.
More dumping duties
The 'positive mood' among the delegates that voted at European Union Dumping Committee meeting of April 19, will almost certainly also result in imposing the 48.5% dumping duty on bike imports into the EU from Indonesia, Malaysia, Sri Lanka and Tunisia. But, as stipulated in the R563 disclosure document, there are 7 companies to be granted an exemption on the proposed measures.
These companies are:
From Indonesia:
P.T. InseraSena
PT Wijaya Indonesia Makmur Bicycle Industries (Wim Cycle)
P.T. TerangDuniaInternusa, (United Bike)
From Sri Lanka:
Asiabike Industrial Limited
BSH Ventures (Private) Limited
Samson Bikes (Pvt) Limited
From Tunisia:
Euro Cycles SA
European Council
With a positive vote from the European Union Dumping Committee the two bike dumping cases will be passed on to the European Council. It isn't likely that the Council will be against imposing the proposed measures. After this ruling the European Commission is legally forced to officially publish the anti-dumping measures not later than June 9, 2013 in the Offcial Journal of the European Union.
23 Apr 2013
By Jack Oortwijn
Source: bike-eu.com
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