Brussels decides not to extend trade defence measures on Chinese solar panels

EPA-EFE/OLIVIER HOSLET

Brussels decides not to extend trade defence measures on Chinese solar panels


Share on Facebook
Share on Twitter
Share on Google+
Share on LinkedIn
+

After having been in place for almost five years, the EU anti-dumping and anti-subsidy measures on solar panels from China will not be extended after the measures expire at 23:59 on September 4.

After considering the needs of both the producers and users of solar panels, the Commission decided it was in the best interests of the EU to allow the regulations to expire, while takings into account Europe’s new renewable energy targets.

The EU first imposed definitive anti-dumping and anti-subsidy measures on China in December 2013 for a two-year period, which were later renewed in March 2017 for a period of 18 months. The severity of the measures has gradually decreased over time to allow the prices of imports into the EU to align with global market prices.

The Commission said that the market situation has not changed radically enough to justify a further extension of the measures beyond the originally scheduled 18 months.

Share on Facebook
Share on Twitter
Share on Google+
Share on LinkedIn
+