EU/CHINA : BEIJING HAILS VICTORY AGAINST EU IN WTO FASTENERS CASE.
Beijing has welcomed the World Trade Organisation Appellate Body's ruling on the anti-dumping measures imposed by the European Union in July 2009 on imports of certain metal fasteners from China.
The WTO said, on 15 July, that the EU provision on individual treatment' embodied in the EU's basic anti-dumping regulation and in Regulation 91/2009 and its application in the fasteners investigation against China was inconsistent with WTO rules because with respect to producers from non-market economy countries, such as China, it conditioned the calculation of individual dumping margins and the imposition of individual duties on the fulfilment of certain criteria. The Appellate Body also upheld certain earlier findings that part of the EU's anti-dumping rules was inconsistent with WTO rules.
The WTO panel report was released on 3 December 2010. It was appealed by both sides - the EU and China. Beijing has urged the European Union to bring its measures in line with WTO rules.
"China hopes Europe as quickly as possible eliminates the legislation and discriminatory anti-dumping policies that are inconsistent with WTO rules," the Commerce Ministry said in a statement, on 16 July. "China's victory in this case is very meaningful and will help improve the competitive environment for Chinese companies in international markets, including the EU," it added.
China's WTO victory against the EU came less than two weeks after its defeat in a WTO case launched by the EU against Beijing's export restrictions on raw materials (see Europolitics 4237). The WTO is expected to issue another EU-China ruling by the end of July, in which Beijing challenged the EU's anti-dumping measures on certain leather footwear from China.
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|Date:||Jul 19, 2011|
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