EU Industry Against Review Dumping Duties Bike Parts from China

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Tuesday, January 16, 2007
EU Industry Against Review Dumping Duties Bike Parts from China

BRUSSELS, Belgium - The European industry associations for both bicycle assemblers and parts makers are united in their strong opposition to any moves to remove the Anti-Dumping duty on bicycle parts from China. The EU announced November 28 to review the tariff.  "COLIPED is totally against the cancellation of the anti-circumvention regulation which is working extremely well,

and has been respected by the bicycle sector in Europe. There is no reason to take that regulation away- it's the key to preventing dumping of goods by China," says Moreno Fioravanti, president of the Association of the European Parts & Accessories Industry. Speaking as chairman of COLIBI, representing European bicycle manufacturers, Accell Group CEO René J. Takens added that: "It's very important for the European industry that the anti-dumping duties on parts remains in place. The reason there is anti-dumping on certain parts is to avoid circumvention, that is, people buying the parts from China and doing a small amount of assembly. The industry has an allowance to import the parts they need for their bicycles without duty, so long as they use less than a certain percentage of Chinese parts." Equally adamant in his opposition to any moves to remove the AD duty is EBMA Chairman Brian Montgomery: "We're flat out against it: the bicycle industry in Europe is totally against changing a system which is working."

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