| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/16/2567 (20.07.16) |
| Publication Date | 20/07/2016 |
| Content Type | News |
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The European Commission held on 20 July 2016 a debate on the political, economic and legal implication resulting from the expiry on 11 December 2016 of some provisions in China's Protocol of Accession to the World Trade Organisation (WTO). This impact assessment examined three different options: + leaving the EU legislation unchanged; + removing China from the list of 'non-market economies' and applying the standard methodology for dumping calculations; + changing the antidumping methodology with a new approach which would maintain a strong trade defence system, while giving effect to the EU's international obligations. Following the debate, the Commission decided to follow the third path and build strong trade defences. It also urged the member states to swiftly adopt a proposal released in 2013 on trade defence instruments. This discussion followed up on a first orientation debate which had been held on 13 January 2016. The European Parliament had also adopted a resolution in May 2016 on this topic. |
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| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-16-2567_en.htm |
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| Subject Categories | Trade |
| Countries / Regions | China, Europe |
