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EU Proposes Steep Duties On Mandarins Imported From China
26/11/2008 12:00
BRUSSELS --The European Commission, the European Union's executive arm, is proposing steep duties on canned mandarin oranges imported from China, according to a document obtained by Dow Jones Newswires.
The move, which will set duties of up to EUR531 per metric ton, comes in response to complaints from Spanish mandarin producers that Chinese importers have been dumping their products onto the European market at below the cost of production.
Spanish producers have seen their market share fall in the face of low-cost Chinese canned mandarin imports, which accounted for 71.1% sales in the E.U. market between October 2006 and September 2007, according to the document.
The fight over canned mandarins are the latest in a series of antidumping disputes between the E.U. and China. Most recently, the commission decided to impose duties on imports of metal screws and bolts from China.
The commission in June imposed temporary duties of up to EUR482 per ton on mandarins while it investigated the issue further. The duties proposed now by the commission are permanent and must be approved by the 27 member countries of the E.U. at a meeting later this month.
The duties apply to about EUR33 million worth of canned mandarins imported each year from China.
The move, which will set duties of up to EUR531 per metric ton, comes in response to complaints from Spanish mandarin producers that Chinese importers have been dumping their products onto the European market at below the cost of production.
Spanish producers have seen their market share fall in the face of low-cost Chinese canned mandarin imports, which accounted for 71.1% sales in the E.U. market between October 2006 and September 2007, according to the document.
The fight over canned mandarins are the latest in a series of antidumping disputes between the E.U. and China. Most recently, the commission decided to impose duties on imports of metal screws and bolts from China.
The commission in June imposed temporary duties of up to EUR482 per ton on mandarins while it investigated the issue further. The duties proposed now by the commission are permanent and must be approved by the 27 member countries of the E.U. at a meeting later this month.
The duties apply to about EUR33 million worth of canned mandarins imported each year from China.
-By Matthew Dalton, Dow Jones Newswires; +32 2 741 1487; matthew.dalton@dowjones.com
Editor: Sharon Li
24 Nov 2008 05:50:42 GMT
Source: news.alibaba.com
Editor: Sharon Li
24 Nov 2008 05:50:42 GMT
Source: news.alibaba.com
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