WTO ruling on EU "war," the Chinese Sheng screw

WTO experts group 3, Geneva publishing awards report in support of China stands, finds the EU against imports from China of screws, nuts, bolts and fasteners implementation of anti-dumping measures and regulations in conformity with WTO rules. On this, the Department of Commerce Ministry official said, the Chinese side welcomed the Group made the ruling.

The group expressly ruled that the EU anti-dumping basic Ordinance relating to "the provisions of the separate tax rate" does not comply with WTO rules; the Group of experts also concluded that the EU's carbon steel fasteners of anti-dumping measures are also taken in violation of WTO rules. The report noted that the European Union's approach against China's right, it is recommended that the EU under the WTO rules, to adjust the related requirements.

Under the WTO dispute settlement procedures, the parties may award report publication 20, after 60 days, will report to the WTO dispute settlement mechanism for consideration by the meeting, and shall have the right to appeal in this period.

Ministry of Commerce of the Ministry responsible for the award, its welcoming, said a long time, the EU has asked the Chinese exporters in anti-dumping in line with the EU's so-called "individual rate" requirements, to Chinese enterprises have serious burden of anti-dumping and unfair treatment. The WTO panel ruling made it clear that the EU anti-dumping legislation and the practice was discriminatory, in violation of WTO rules.

The official said, the Chinese side urges the EU to respect the WTO ruling, as soon as possible in conformity with WTO rules and legislation and discriminatory practices, fair treatment of the Chinese export enterprises, the maintenance of normal trade activities in Europe.

Nov. 9th, 2007, the European Commission decided on imported from China to launch anti-dumping investigation of fasteners. Although some Chinese enterprises actively involved, but the EU despite China's opposition to decide early in 2009 China fasteners collection of up to 87% of final anti-dumping duty for a period of 5 years. Affected by this, only the last domestic nearly 90 million tons of fastener products cannot be exported. Coupled with foreign manufacturers willing to dumping tighten to seize the Chinese domestic market, the domestic fastener industry is greatly impact and challenges. The industry currently has 1/3 of enterprises have been discontinued, 1/3 of enterprises in half cut off State. (Editors: Liu Yang Wo)