EU anti-dumping Reg
Anti Dumping Duty PDF
The EU Commission, headed at the time by a certain Peter Mandelson, imposed anti-dumping Duty (ADD) on a number of Chinese origin polyester lining fabrics in 2005. The level of Duty varies from 14.1% to 85% depending on how cooperative producers were with the preceding investigation.
Four years down the line the Duty is still in place, there have been rumours about it coming to an end in 2010 but nothing has been announced. In my opinion, the imposition of this Duty was a wrong decision.
No one was dumping polyester into the EU at the time, it was a combination of a weak Dollar and the greater efficiency of the Chinese manufacturers compared to their European counterparts. The ADD was imposed as a result of strong lobbying by the European producers, many of whom were happily importing Chinese greige fabric and passing it off with EU origin (allegedly).
Since 2005 many of these weavers have closed, so the question is, who is the ADD protecting? One consequence of the ADD is that the European garment manufacturers did not switch their polyester lining supplies to European suppliers, they upped sticks and took their garment production to China!
The only people penalised are the few remaining European garment makers who dont enjoy the benefit of lower polyester lining costs. Nice job Pete!
I have attached some information about ADD (Anti Dumping Duty) with this post.
Tue, Nov 17, 2009
Industry News