SHANGHAI, Mar. 27 (SMM) -- The European Commission announced on March 23 that it would invite 52 Chinese enterprises involved in 52 anti-dumping cases to file applications for review in order to implement the anti-dumping decision on fasteners and put forward new measures. There will be a large number of enterprises to file applications for review, and the EU will re-determine and modify current high duties. More importantly, EU’s review of anti-dumping cases is considered as a major victory for the national-level foreign trade litigation, which also boosts confidence of many Chinese enterprises suffering from the EU’s trade sanctions. More enterprises will take up legal arms to respond to EU’s unfair determinations to maintain a fair trading environment.
According to the European Commission’s announcement, as the WTO Dispute Settlement Body made a ruling on China and Europe fasteners dispute in 2011, Europe decided to invite interested parties closely related to anti-dumping measures which are currently in force and adopt a separate rate calculation method to file an application with the European Commission for review, and the European Commission will decide to withdraw, modify or maintain the measures after the review.
The European Commission announced on March 6 that it decided to review the anti-dumping measures on fasteners imported from China.
China’s hardware & mineral, steel and chemical industries suffering a lot from EU’s anti-dumping investigations will benefit from EU’s anti-dumping review. However, industry insiders said that although EU’s review provides an opportunity for Chinese enterprises to apply for a separate rate, this does not mean all Chinese enterprises can get a lower rate. Whether or not Chinese enterprises can benefit from EU’s review will still depend on Chinese enterprises’ response to anti-dumping cases and the EU review process.