Abstract China News Service Brussels, December 13 (Reporter Shen Chen) The 28 member states of the European Union adopted a "new policy" in the form of "majority approval" on December 13 to deal with the so-called cheap goods in the EU...
China news agency, Brussels, December 13 (Reporter Shen Chen) The 28 member states of the European Union adopted a "new policy" in the form of "majority approval" on December 13 to cope with the dumping of so-called cheap goods in the EU. According to the “New Dealâ€, once the exporter is determined by the EU to artificially lower the price of raw materials, the EU has the right to impose higher punitive tariffs on the exporter’s products. At the same time, the EU can impose temporary tariffs to protect EU manufacturers earlier, and can initiate anti-dumping investigations without corporate complaints.
The EU's rotating presidency, Slovenian Economy Minister Ziga, believes that the passage of the new policy is a major breakthrough.
European Commission Trade Commissioner Cicilia Mamstrom said that the introduction of the new policy has taken an important step, and the EU needs to adjust its legislative rules in response to the current economic situation.
In the past three years, the EU has been negotiating this new policy, and there are different opinions within the member states. The United Kingdom, which has always advocated free trade, has a firm opposition. At present, the “New Dealâ€, which is supported by most member states, needs to be approved by the European Parliament before it can be implemented.
A number of foreign media here pointed out that the EU intends to use this "new policy" to deal with trade relations with China, and mentioned in the article that China on December 12 in the World Trade Organization sued the US and EU anti-dumping "substitute countries".
According to the website of the Ministry of Commerce of China, on December 12, 2016, China’s anti-dumping “substitute country†approach to the United States and the European Union has successively proposed a consultation request under the WTO dispute settlement mechanism and officially launched the WTO dispute settlement procedure.
A spokesperson for the Chinese Ministry of Commerce said in a statement that Article 15 of the Protocol on China's Accession to the WTO allows other WTO members to use the "alternative country" approach in their anti-dumping investigations against China, but explicitly requires 15 years after China's accession to the WTO. , which is terminated on December 11, 2016. With the advent of the 15-year deadline, other WTO members should immediately stop using the “alternative country†approach in the anti-dumping investigation against China in accordance with Article 15 of the Protocol on China's Accession to the WTO. This is an international obligation that all WTO members must fulfill. .
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