EU Appeals WTO Fasteners Ruling

28 March 2011

ITS reported in January that the WTO had ruled against the EU on the basis of a Chinese complaint surrounding Anti Dumping Duties (ADD) levied by the EU on Chinese Screws and Fasteners.

 

Although the WTO Dispute Panel did not uphold all of China’s complaints, it did uphold a significant number of them and in particular criticised the EU’s calculations for determining whether goods were being “dumped” as well as the treatment of non-market economies goods when ¬†determining ADD measures. In particular, the Panel took issue with the EU’s approach of applying a single ADD rate to the whole country rather that for individual firms unless they proved they are independent of the state.

The details of the appeal have not been yet made public but we are expecting developments in the next few days.

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