EU MINISTERS APPROVE CHINA FABRIC DUTIES
September 1st, 2007
BY KEITH NUTHALL
THE EUROPEAN Union (EU) Council of Ministers has authorised a significant increase in the protection of EU polyester filament fabric producers from cheap dumped Chinese exports. It has raised the main anti-dumping duty for Chinese producers of woven fabrics of synthetic filament yarn containing 85% or more by weight of textured and/or non-textured polyester filament, dyed (including dyed white) or printed. This will now rise from 56.2% to 74.8%. Many Chinese companies are allowed under the regulation to pay lower rates, but many of these too ...
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