Contact us

Company Name:
Lishui Huanqiu Bearing Trading Co., Ltd.

Company Address:
No.11 Shiting Road, Shuige Industrial Zone,Lishui, Zhejiang,China
Contact Person: William

Email: admin@tradebearings.com
Homepage: www.asiabearings.com
Bearing B2B: www.tradebearings.com

email

 

Home > News >

EU court finds that the Xinan Chemical Industry in line with market economy

On the evening of July 23, Zhejiang Xinan Chemical Industrial Group Co., Ltd. announced that, up to 15 years the European Commission glyphosate to impose anti-dumping duties of litigation won the final victory.
 
EU High Court is made ??on July 19 dismissed the appeal of the EU Council decision to cancel the Xinan Chemical glyphosate anti-dumping duties, and ordered the EU Council and the European Commission to bear its own costs, and ordered the EU Council to Xin'an Chemical to pay legal fees.
Reporter obtained the European Union High Court's judgment in detail to the case 15 years after and in-depth analytical focus for market economy status "state holding major state intervention", the term and concluded Xinan Chemical Industrial Group in line with the market economy conclusions of the status.
 
Market economy status (MET) play a key role in the China-EU trade disputes. In general, the companies access to the MET in the anti-dumping investigation in accordance with the information provided by the respondent company to calculate the dumping margin is usually the result
will be significantly lower than the company did not get a "market economy status".
 
Wang Lei, a former Ministry of Foreign Trade and Economic Cooperation WTO Deputy Director, Gao Peng Law Firm, told this reporter that the judgment is the first time the EU to obtain MET whether the enterprise to make a detailed interpretation of the case will provide precedent of judicial practice in the future.
 
Zhong Lun Law Firm, Po Ling dust to this reporter said, the case for market economy status to determine discussed in detail, clear one of the main obstacles to Chinese enterprises to obtain market economy status, its meaning, or even far more than the market economy status itself ".
In February 1998, the EU anti-dumping measures on imports of glyphosate from China, imposed a 24 percent anti-dumping tax rate. The following year, the EU anti-dumping Interim Review on the investigation after the anti-dumping tax rate increased to 48%.



Other News:
EU court finds that the Xinan Chemical Industry in line with market economy
Why the United States opposed the establishment of three Shashi
Spain hanging by a thread Greece dying
People's Daily: put three road before in the Philippines
Standard-bearer candidate of the Chinese Olympic delegation to finalize Yi Jianl
Japanese media: China's military spending by 30 times the People's Liberation Ar
The London Olympics the curious
IKO spherical bearings clean to prevent the check preparations