World Trade Organization Agreement on Anti-Dumping Free Essay Example, 1750 words

The EU s anti-dumping measures are typically directed at low-priced goods origination from Asia. The EU has expressed a concern that EU markets will become saturated with low-priced products from Asia and its primary focus has always been China (Andersen 2006). An anti-dumping complaint lodged by China against the EU with the WTO Dispute Settlement Board in 2009 was finally resolved by the WTO s Appellate Body on 21st September 2011 (China v the EU Definitive Anti-Dumping Measures on Certain Iron or Steel Fasteners from China, WTO Dispute, DS397, 2011). The dispute lodged by China was initiated in July 2009 in which China complained that the EU s decision in January 2009 to impose a definitive anti-dumping order on Chinese exporters of Chinese fasteners were inconsistent with obligations to the WTO and the Anti-dumping agreement (China v the EU Definitive Anti-Dumping Measures on Certain Iron or Steel Fasteners from China, WTO Dispute, DS397, 2011). Two companies involved were Chin ese firms but were European subsidiaries and were not caught by the EU s anti-dumping duty order. The tariffs applicable to the duty order were between 26.5% to just below 80% and applied to all Chinese exporters of Chinese fasteners except for the two European subsidiaries (China v the EU Definitive Anti-Dumping Measures on Certain Iron or Steel Fasteners from China, WTO Dispute, DS397, 2011). The EU s duty order against Chinese exporters of Chinese fasteners was facilitated by EU Council Regulation 384/96 of 1995 which permitted protection relative to imports originating from non-EU member states. We will write a custom essay sample on World Trade Organization Agreement on Anti-Dumping or any topic specifically for you Only $17.96 $11.86/page