Press Release: EU extends anti-dumping Ad Hoc Market Economy Regime to seven countries

The Council of Ministers has adopted the Commission's proposal to extend its special ad hoc market economy regime in anti-dumping proceedings to Albania, Georgia, Kazakhstan, Kyrgyzstan, Mongolia, Vietnam and Ukraine. Due to important economic reforms that took place in these countries, this special regime gives their exporters the possibility to prove they are operating under market economy conditions. This ad hoc regime has as a consequence that the data used in their respect is established on the basis of their own prices and costs instead of those of another third country, i.e. that the results reflect more accurately the economic circumstances in which they operate. Welcoming the news, EU Trade Commissioner Pascal Lamy said: “Extending this regime reflects the important economic reforms undertaken in these countries. From now on, all countries with an economy in transition who join the WTO will be automatically eligible for this special system.”