Recently, the final decision-making process of the EU Commission concerning anti-dumping and anti-subsidies procedures initiated against the import of Chinese truck tyres has taken place. On 22nd October 2018, the EU Commission officially announced its final decision referring to the anti-dumping investigation with the Implementing Regulation (EU) 2018/1579.
This came into force as of 23rd October 2018 with immediate effect and replaced the preliminary measures, which had been initiated beforehand. It is to be valid for five years. There are fixed tariffs between 42.73 and 61.76 euros (depending on manufacturer/grouping) per tyre being imported from China. The manufacturers/importers are to receive a credit or offsetting for the difference concerning the previously applicable preliminary anti-dumping measures.
Furthermore, the Commission took a decision on the suggested ant-subsidies tariffs on 22nd October. According to the BRV (German Tyre Retailer and Vulcanization Trade Association), the result is to be officially announced at the beginning of November. This decision, however, is not meant to have an impact on the level of the instituted import tariffs, as they are based on the damage caused by imports. Instead it will fix the division of import tariffs into their proportion of dumping and subsidies. According to information from the BRV, the Chinese manufacturers/importers will only have the possibility to take legal proceedings against the institution of import tariffs at the European level. According to general assessment, such a procedure is supposed to have only limited opportunities.
The BRV and BIPAVER, the European Retreading Association, are both of the opinion that the decision of the EU Commission stands for an important step with regard to securing and re-establishing the competitiveness of the retreading industry. It will not only enormously contribute to the recycling economy in the tyre business, but also increase the economy and ecology in the transportation industry.
(akl)
