2016.1.18 news :China won the EU fastener execution case-trade information-qingdao rainar
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2016.1.18 news :China won the EU fastener execution case

Original title: WTO I won the final EU fastener execution case   Source: Economic Information Daily


Our country in the implementation of WTO v. the first battle.


The economic reference news reporter from WTO official website was informed that the Geneva time 18 days afternoon, WTO I v. EU fasteners perform action released the final ruling, ruling our country won.


Department of treaty and law, Ministry of Commerce responsible person for the first time in response to the website said fasteners anti-dumping measures dispute case to perform the action of the appellate body support China's position and proposition, again ruled that the EU against Chinese products to maintain since the anti-dumping measures in violation of WTO rules, China expresses its welcome and positive.


For China's fastener industry, this is also a long time to look forward to a victory. Ministry of Commerce Fu Li Chen, deputy director of the division of law to the reporter pointed out that the current analysis, the case could have three results: one is the EU will cancel the implementation for up to seven year long anti-dumping measures, China's fastener products trade environment completely reversed; the second is the EU and China through bilateral consultations solution to settle disputes; third, the EU does not cancel measures also not consultations, then China can put forward the request of the trade retaliation in the WTO framework.


However, from the previous WTO implementation of the results of the complaint, the EU probably will cancel the anti-dumping measures, which means that the EU market for seven years to close the door of our enterprises will be open again." Industry insiders say.


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