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European Commission Agree to Price Undertaking

The European Commission has endorsed the amicable solution found in the EU-China solar panels case announced by Commissioner Karel De Gucht last weekend.

The Commission has received almost unanimous support from the Member States with the decision to accept the undertaking offered by Chinese exporting producers of solar panels, as well as a regulation exempting these participating companies from the payment of provisional anti-dumping duties. Both legal acts will be published in the Official Journal tomorrow and enter into force on 6th August.

As a consequence, those Chinese companies participating in the price undertaking will be exempted from paying anti-dumping duties as of 6th August, whereas those companies not participating will pay the increased anti-dumping duties that were announced on 5th June.

Posted by:Ecolution Products Limited

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