Commission Proposes Anti-Dumping Duties

BIKE EUROPE: MAARSSEN, Netherlands (April 29) -The verdict is pronounced. If the European Commission get its way, China will pay anti-dumping and anti-circumvention duties on their bicycle imports into the EU for another 5 years. With that the duties would be raised from 30.6% to 48.5%. As for Vietnam, all exporters except Always would become subject to a 34.5% anti-dumping duty. Always would get a “preferential” duty of 16.1% According to the Commission, the continuation of the anti-dumping measures against China and the imposition of measures against Vietnam would clearly be in the interest of European bicycle and bicycle parts manufacturers. The Commission further states: “It will allow the Community industry to grow and fully recover from the injury caused by the dumped imports. If, however, measures are not imposed, it is likely that the Community production will continue to decline and more operators will go out of business. Furthermore, the importers and the retailers will not be substantially affected since fairly priced bicycles will still be available in the market.” The Commission is now awaiting comments from interested parties on the proposal until 10 May. Upon that, the proposal will be submitted to the Council. The Commission’s proposal shall be adopted by the Council unless it decides by a simple majority to reject the proposal, within a period of one month after its submission by the Commission.