Eu Anti Dumping Solar Panels

The european commission is imposing anti dumping tariffs on chinese solar panels in a move that could spark tit for tat retaliation from the world s second largest economy.

Eu anti dumping solar panels.

China s cheap solar panels have flooded the european market in recent years which triggered off complaints from the european producers. Solar panels crystalline silicon photovoltaic modules and key components cn s. This removed a large percentage of chinese solar panels from the european market and consequently led to increased cost of panels. Trade defence instruments such as anti dumping or anti subsidy duties are ways of protecting european production against international trade distortions.

The high cost of such products resulted in slow growth of. The eu first imposed anti dumping and anti subsidy measures in december 2013 for a period of two years. Actions against imports into the eu brussels 31 august 2018. Cancellation of eu anti dumping duty on solar panels since the year 2013 the european union established trade restrictions on chinese solar panels.

After having been in place for almost five years the eu anti dumping and anti subsidy measures on solar panels from china will expire at midnight on monday 3rd september. The commission the. Commission regulation eu no 182 2013. These were then renewed in march 2017 for a period of 18 months only as opposed to the usual five years.

This in turn resulted in the eu s largest ever trade probe covering a market worth approximately 21 billion euros. Controversial anti dumping measures on solar panels from china will not be extended.