China’s Ministry of Commerce has announced that European Union brandy exporters will not face anti-dumping duties when selling to the Chinese mainland, provided they comply with agreed-upon price terms.
The decision comes after the ministry accepted price undertakings from 34 European producers. This move is part of the final ruling in an anti-dumping investigation that initially aimed to impose duties on EU brandy imports for five years, starting from Saturday.
Under standard anti-dumping practices, exporters who agree not to sell below a certain price level—known as a price undertaking—may be exempted from duties. The ministry found that EU industry groups and companies had submitted their applications on time. After a thorough legal review, 34 firms were granted exemptions based on these terms.
The Ministry of Commerce stated that the final decision complies with Chinese law, supports fair market competition, and has been positively received by both domestic producers and the EU industry. The ministry also reiterated China’s commitment to resolving trade frictions through dialogue and consultation.
A spokesperson for the ministry noted, “China has consistently advocated for the prudent use of trade remedy measures.” The investigating body conducted a detailed legal review of the undertaking applications and took into full account the situation of the domestic industry. The authorities concluded that using price undertakings in the final ruling helps maintain a fair and competitive market order.
The acceptance of these price undertakings not only benefits the involved EU exporters but also reflects China’s ongoing willingness to engage in constructive dialogue to address and resolve trade disputes.
Reference(s):
China waives EU brandy duties if price terms met, accepting 34 pledges
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