News Article

European Council Lowers Anti-Dumping Tariffs for Four Taiwanese Exporters

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BRUSSELS, Belgium (7 June 2000)–The European Council has decided to lower the anti-dumping tariffs on four Taiwanese exporters to 5.4% for exports to the European Union. The four companies are Chien Chin Frame Co. and Jonq Tyan Enterprise Co. from Tainan and High-Ride Bicycle Co. and John Ching Bicycle Co. from Taichung. Taiwanese companies that […]

BRUSSELS, Belgium (7 June 2000)–The European Council has decided to lower the anti-dumping tariffs on four Taiwanese exporters to 5.4% for exports to the European Union. The four companies are Chien Chin Frame Co. and Jonq Tyan Enterprise Co. from Tainan and High-Ride Bicycle Co. and John Ching Bicycle Co. from Taichung.
Taiwanese companies that export to Europe and can prove that they had no relations with other Taiwanese exporters or manufacturers hit with anti-dumping tariffs during the investigation period (1 November 1996 to 31 October 1997) can request lower anti-dumping regulations. They must also be able to prove that are exporting or have an irrevocable contractual obligation to export a significant quantity to the EU. Moreover, they cannot be one of the companies that participated in the survey during the investigation.
The four above-mentioned companies meet these requirements and since the end of May have enjoyed a 5.4% rather than an 18.2% anti-dumping fee. (JW)

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