WTO: EU anti-dumping violations of fasteners against China
| 2015-08-29

The World Trade Organization's Dispute Settlement Body recently released a panel report on the enforcement measures in the case of China v. EU fastener anti-dumping measures, ruling that the EU's measures to implement the WTO ruling still violated relevant rules. The head of the Treaty and Law Department of the Chinese Ministry of Commerce said in a statement that the EU should cancel the anti-dumping measures that were found to violate WTO rules as soon as possible. China will also actively respond to possible follow-up procedures, hoping that the dispute will be properly resolved as soon as possible, and Chinese fastener companies will realize normal exports to Europe as soon as possible.

Fasteners, also known as standard parts, are a general term for a type of mechanical parts used to fasten two or more parts (or components) into a whole. It is reported that China is the world's largest producer of carbon steel fasteners such as screws, nuts and bolts, and the EU is the main market for these products. In January 2009, the European Union decided to impose anti-dumping duties of 26.5% to 85% on Chinese carbon steel fastener products, which affected China's exports to Europe of 900 million US dollars, more than 200 enterprises and tens of thousands of employees. In July 2009, China brought relevant EU legislation and anti-dumping measures to the WTO dispute settlement mechanism. The case became China's first lawsuit against the EU at the WTO.

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