AMSTERDAM, the Netherlands - Since 22 June 2007, the EU levies anti-dumping duties on bicycle saddles originating from the People’s Republic of China. The rate of 29.6% applies to all saddles imported from the PRC, except for the products supplied by:
- Cionlli Bicycle (Taicang) Co. Ltd.
- Shunde Hongli Bicycle Parts Co. Ltd.
- Safe Strong Bicycle Parts Shenzhen Co. Ltd.
- Cionlli Bicycle Components (Tainjin) Co. Ltd.
These companies enjoy a reduced duty of 5.8%, whereas Giching Bicycle parts (Shenzhen) Co. Ltd. and Velo Cycle Kunshan Co. Ltd. are completely exempted of anti-dumping duties.
The duties are the result of a dumping complaint that was lodged on 22 February 2006 by the European Saddle Manufacturers Association (ESMA). The complaint was supported by Selle Royal and its related company Brooks England, Selle Italia with its related company Bassano Selle; Selle SMP; ABI spj; Iberoselle; Selle Montegrappa and Selle San Marco. Together, these companies represent 99% of the saddle production in the EU.
Read the full text of the Council Regulation 691/2007
http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2007:160:0001:0007:EN:PDF
Imposing the duties was published in The Official Journal of the European Community No. L 160 on 21 June 2007. The duties will normally apply until 22 June 2012.
Related news items:
Stay on top of the news. 