Brussels, 8 October 2024
The EU takes with utmost seriousness any unfair use of trade defence instruments against any sector of our economy.
Abuse of trade defence for inappropriate reasons is a clear breach of WTO rules. Accordingly, the Commission will robustly challenge at WTO level the announced imposition of provisional antidumping measures by China on imports of brandy from the EU.
In parallel, the Commission will now carefully identify and assess all possibilities to offer appropriate support to EU producers facing the negative impact of this unwarranted decision by the government of China.
We have tools at our disposal to address injurious impacts on EU producers from situations of market disturbance, or threat thereof.
The Commission will always stand firmly and fearlessly on the side of EU producers, industry, open and fair trade, and a global level playing field.
Source – EU Commission
China to impose temporary anti-dumping measures on brandy originating in EU
Beijing, 8 October 2024
China’s Ministry of Commerce (MOC) announced Tuesday that it will impose temporary anti-dumping measures on brandy originating in the European Union (EU) by requiring importers to pay a cash deposit on purchase.
The imported brandy originating in the EU involves dumping, the MOC said in its preliminary assessment publicized on Aug. 29 following an investigation launched in January of this year.
It added that the domestic brandy industry is under substantial threat of damage, and there is a causal relationship between the dumping and the substantial threat of damage.
Effective from Friday, importers of brandy originating in the EU must place deposits with Chinese customs based on dumping margins of between 30.6 percent and 39 percent.
The product subject to the temporary anti-dumping measures refers to spirits obtained by distilling grape wine in containers holding less than 200 liters, which are mainly used as consumer goods.
Source – China’s Ministry of Commerce (MOC) via Xinhua