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Thursday, March 24, 2011

Definitive Import Duties of 13.8% on Glass Fiber Origination in China to be Imposed

On the 15th of March, the Official Journal of the European Union published Council Implementing Regulation (EU) No 248/2011 imposing a definitive anti-dumping duty on imports of certain continuous filament glass fibre products originating in China (AD549). The duty rate decided by the Council was set at 13.8%, while yarns were excluded from the product scope.

The definitive duties will be imposed from the 16th of March 2011 and be applicable for the next 5 years. Commenting on the final outcome, Volker Fritz (EuCIA President) noted: “The European users are not fully satisfied with the final result and the negative effects such duties have on business, SMEs in particular.

Moreover, this investigation raised several questions about the effectiveness of EU legal trade mechanisms and the investigations procedure attached to it”. These views were also shared by EuPC, the leading EUlevel trade Association representing the interests of the European converters across Europe.

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