Brussels – July 20, 2016
European Commission’s Vice President Katainen and Commissioner for Trade Malmström announced after the Commission’s orientation debate on 20thJuly that the EU will not grant China MES – and would apply a new non-standard methodology for dealing with anti-dumping calculations for imports from China: the new Anti-Dumping methodology will not be based on Chinese prices and costs but on international ones, following the U.S. methodology.
A week before the European Commission’s announcement, the European Economic and Social Committee officially stated that “if we lose the tools to ensure free and fair trade with China, an unacceptable figure of hundreds of thousands of jobs will be lost. Losses would be concentrated in particular sectors such as aluminium, bicycles, ceramics, electrodes, ferroalloys, glass, paper, solar panels, steel”.
