Saturday, December 18, 2010

EU anti-circumvention investigation directly refers to China's fastener entrepot trade

Into November, a new round of trade friction. This time the protagonist turns to anti-circumvention investigation.

Following a survey of anti-dumping and countervailing measures, the EU announced on Chinese enterprises expand the anti-circumvention investigation. The EU believes that Chinese enterprises for export to the EU bypasses Malaysia fastener to avoid anti-dumping measures. The same day, the u.s. Department of Commerce on glycine products also initiated the anti-circumvention investigation, Chinese enterprises if convicted of the Act, the anti-dumping duties imposed by the highest tax rate.

"If this survey set up, we will likely lose European market again. "Zhejiang village, a number of fastener production enterprises on the author said, looking for new export route is imminent.

Entrepot trade Pro heavy taxes

Chinese cargo ship shore, unloading, affix new export tag, and ship transportation, which every day in Viet Nam and Indonesia, and repeated the port. These stickers on the new "birth certificate" of the goods after the change of status to enter those levies high anti-dumping duty in China, is an open secret in the industry.

In the foreign trade enterprise, "through the third-country exports" been jokingly "guerrilla", this way is the anti-dumping investigation wunaizhiju. However, now that the EU is to borrow "third countries" export to European products to tighten the net trade protection.

Tang Jian is Ningbo zhenhai district a production enterprise of foreign trade Manager, the production of bolts are mainly exported to the Netherlands and Belgium. He told reporters that since last year, for the EU from Malaysia Port transportation goods inspection began strictly. "Those with the ' CN ' label products require exporters explained, sometimes called back. Some European countries are beginning to require national imports from Malaysia fastener importers provide remittance proof. "Tang Jian told reporters, according to the remittance certificate can be seen the purchase price was to China or Malaysia, whether by judge products through road Malaysia exports. But in another fastener main export zone, jiaxing, Zhejiang jiaxing fastener Association has begun to remind the related enterprises prepare for verification of the proof of export.

In fact, the diversion of Malaysia exports is the fastener business exports a helpless. January 31, 2009, the EU announced on imports from China of screws, bolts, nuts collection of 87% of the anti-dumping duty. At that time, fasteners, principal of zhenhai, fastener products exports have fallen sharply, swarms reached above 80%, many enterprises even on EU exports to a zero.

In order to regain access to the EU market, have excellent port, easier access to FROMA ("GSP certificate of origin form A," contrary to the General certificate of origin "CERTIFICATEOFORIGIN" this is a kind of developed countries LDCs implement import concessions. ) Of Malaysia as many enterprises "borrow". However, excessive influx of enterprises makes Malaysia soon on the EU investigation of "blacklist".

EU statistics show that in EU exports to China screw bolts of imposing high tariffs, 2009 Malaysia exports of similar products from the 2008 13700 tons to 32700 tons, or nearly three times. In the first half of 2010, exports from Malaysia in the EU of screw bolt the market share of close to 10% while the rate for 2008 is less than 1%. And for the same period, as the world's first production of fasteners in China, exports to the EU fell by 80% year-on-year, but on Malaysia's exports increased by 5 times.

According to EU sanctions against circumvention, if EU ruling Chinese enterprises use Malaysia to EU exports fasteners anti-circumvention facts, the EU will be imported from Malaysia on similar products in the same collection of anti-dumping duties. While in the EU-wide import of importers of products involved will be compensated with the anti-dumping duties, the Member States Customs on imported from Malaysia to supplement products. If you suffer a loss of EU importers exporters seeking compensation for the alleged circumvention of the fastener business might face large claims litigation.

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