03 December 2013 04:32 [Source: ICIS news]
SINGAPORE (ICIS)--The European Commission said on Monday it would impose definitive anti-dumping and anti-subsidy duties at an average of 47.7% on some Chinese solar panel exporters for two years, as of 6 December 2013.
The final anti-dumping and anti-subsidy duty rates will apply only to exports from China that do not meet the conditions set out in the undertaking, according to a statement released on the EU’s website.
“Those Chinese exporters that participate in the undertaking are exempt from paying the anti-dumping and anti-subsidy duties,” the statement added.
Meanwhile, the Commission confirmed its decision to accept the undertaking with Chinese solar panel exporters applied since the beginning of August, according to the statement.
Roughly 75% of Chinese solar panel exports to the EU are now covered by the undertaking and are hence not subject to any anti-dumping or anti-subsidy duties, it said.
The EU launched investigations for the anti-dumping and anti-subsidy cases in September 2012 and November 2012 respectively.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections