BRUSSELS, Belgium – The EU Council has decided to follow the advice of the European Commission on maintaining the 48.5% anti-circumvention duties on certain bicycle parts imported from China. This is the result of the investigation of the EU Commission.
The Commission found that currently no circumvention is taking place. However they also found that there is also a likelihood of recurrence of circumvention should the anti-circumvention measure be removed.
The European Commission’s grounds for the review were as follows: since the introduction of the measures, a large number of companies based in the Community have requested and obtained exemption. Furthermore, the current number of parties asking for an exemption is significant. At the same time there are no apparent indications of circumvention practices by companies having been granted an exemption.
Industry: “absolutely delighted”
Representative of the European industry already gave their comments on the results of this EU decision on earlier on this website.
Further reading:
- our publication: Anti-Circumvention Duties on Certain Chinese Parts, click here
- our publication: EU Will Maintain Anti-Circumvention Duties, click here
- download the official EU publication: COUNCIL REGULATION (EC) No 171/2008, click here
- for related items on Anti-Circumvention Duties, click here
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