EU Rejects Appeal to Scrap Trade Protection on Chinese Solar Products -- Update
February 28 2017 - 7:32AM
Dow Jones News
By Natalia Drozdiak and Laurence Norman
BRUSSELS--A top European Union court on Tuesday rejected an
appeal by Chinese solar panel companies to scrap anti-dumping and
antisubsidy measures imposed by European Union member states in
2013 on imports of solar panels and essential components.
"The court rejects all the applications and confirms all the
definitive duties set by the Council," the Luxembourg-based General
Court of the EU said in a statement.
Separately on Tuesday, the commission also decided to impose
definitive anti-dumping duties on imports of heavy steel plates
from China, the latest action against the Asian country's
exports.
The Council of European Union member states in December 2013
imposed definitive duties of an average of around 50% on imports of
solar panels from China for a duration of two years, in one of the
biggest-ever disputes over unfair trade under the decades-old
regime of international trade rules.
The decision by the member states followed in-depth
investigations by the European Commission, the bloc's executive,
which found that Chinese companies were selling solar panels in
Europe below their market price and were receiving illegal
subsidies, to the detriment of EU solar panel manufacturers.
Twenty six companies affected by the anti-dumping duties,
including subsidiaries of JA Solar Holdings Co, Ltd., brought legal
action in 2014 against the EU Council's decision. They argued the
court should annul the regulation on the basis of procedural
inaccuracies in the anti-dumping investigations and other
grounds.
The companies can still appeal the decision to the bloc's
highest court, the Court of Justice.
The commission also said Tuesday that it was locking in place
the temporary duties it imposed in October, taxing Chinese heavy
steel plate imports with duties ranging from 65% to 73%.
"The commission has responded forcefully and quickly to unfair
competition, while at the same time ensuring that the rights of all
interested parties have been protected," it said in its press
release.
Overcapacity in the steel sector has led to thousands of job
losses in the European sector in the past year and has caused steel
producers around the world to seek government protection from
falling prices.
The EU now has 41 anti-dumping and antisubsidy measures
targeting unfair imports of steel products. Eighteen of these
target Chinese imports.
Write to Natalia Drozdiak at natalia.drozdiak@wsj.com and
Laurence Norman at laurence.norman@wsj.com
(END) Dow Jones Newswires
February 28, 2017 07:17 ET (12:17 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.