EU prolongs antidumping measures application to the bulbs produced by China
12/12/2007 12:00
Power-saving bulbs made in China may face antidumping measures of EU one more year once EC approves proposals negotiated in August, 29.
EU executive department has agreed to lengthen 1 year antidumping tax imposition implemented during six recent years from the first meeting after summer vacation of EU officials.
Like a compromise, antidumping measures will automatically become no effects after one year of prolonging.
EU imposed antidumping tax level of 66% on power-saving bulbs made in China from 2001 and expired on June, 2006.
However, after the expiring date, EU adjusted time of effect when they received a lot of requests from the sector for extending this imposition to 5 more years.
During 15 months for consideration after the deadline (expected to end on October this year) measures against dumping are still in force.
Lengthening time in this case raises alot of sharply arguments to EU.
Last month, many business experts from executive body of EU agreed with removing antidumping measures with consent of EU trade commissioners Mandelson. The proposal of extending deadline is the result of negotiation between Mr. Mendelson and members of Guenter Verheugen commercial council. He urged to give 2 years of transitional time and expressed his concerns about unemployment at German Osam company, a part of Siemen Corporation
Osram has put pressure on keeping the tax level while amost EU manufacturers’, led by Philips Dutch electronic corporation, want to remove it. According to Foreign Trade Association (FTA), representing for EU exporters, prolonging tax application is bad news for the whole bulb manufacturers in EU as well as for customers.
These antidumping measures also encounter criticism from environmentalists because it is against the campaign of fighting global warming of EU.
Estimated, EC production only meets 25% of power saving bulb demand; they made only 400 million units up to the end of this year.
EU executive department has agreed to lengthen 1 year antidumping tax imposition implemented during six recent years from the first meeting after summer vacation of EU officials.
Like a compromise, antidumping measures will automatically become no effects after one year of prolonging.
EU imposed antidumping tax level of 66% on power-saving bulbs made in China from 2001 and expired on June, 2006.
However, after the expiring date, EU adjusted time of effect when they received a lot of requests from the sector for extending this imposition to 5 more years.
During 15 months for consideration after the deadline (expected to end on October this year) measures against dumping are still in force.
Lengthening time in this case raises alot of sharply arguments to EU.
Last month, many business experts from executive body of EU agreed with removing antidumping measures with consent of EU trade commissioners Mandelson. The proposal of extending deadline is the result of negotiation between Mr. Mendelson and members of Guenter Verheugen commercial council. He urged to give 2 years of transitional time and expressed his concerns about unemployment at German Osam company, a part of Siemen Corporation
Osram has put pressure on keeping the tax level while amost EU manufacturers’, led by Philips Dutch electronic corporation, want to remove it. According to Foreign Trade Association (FTA), representing for EU exporters, prolonging tax application is bad news for the whole bulb manufacturers in EU as well as for customers.
These antidumping measures also encounter criticism from environmentalists because it is against the campaign of fighting global warming of EU.
Estimated, EC production only meets 25% of power saving bulb demand; they made only 400 million units up to the end of this year.
September 5, 2007
Source: vinanet.
Source: vinanet.
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