EU chemicals industry welcomes anti-dumping revamp

Brussels –  The European Chemical Industry Council (Cefic) has welcomed an agreement reached 3 Oct by EU institutions on a new anti-dumping methodology during Trilogue* discussions.

The move is part of a wider revamp of the current EU anti-dumping regulation intended to better comply with World Trade Organisation (WTO) rules, explained a Cefic statement.

In 2016, China challenged that EU regulation did not conform with existing international procedures when it came to calculating anti-dumping duties.

The new methodology addresses how to calculate dumping margins for significant market distortions…

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