EU launches investigation into imports of solar glass

Source:Reuters Published: 2013-2-28 23:03:01

The European Commission launched an investigation Thursday into industry claims that Chinese solar glass producers are dumping their products in the European Union at below market value, opening a new front in the trade battle with China.

The Commission said there was sufficient evidence to show possible dumping by Chinese exporters that may be injuring EU industry.

The EU solar glass market is valued at less than 200 million euros ($262.18 million), the Commission said.

The product accounts for a tiny fraction of the EU's imports of goods from China, which totaled 293 billion euros in 2011, but the complaint marks a new challenge from the EU to Chinese exporters and the Chinese government.

Last year, the Commission launched its largest investigation to date into alleged dumping of, and subsidies for, an annual 21 billion euros of solar panels and components China exports to the EU.

EU anti-dumping investigations last up to 15 months, and provisional import duties  can be imposed within the first nine months.



Posted in: Economy

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