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Hong Kong Screw & Fastener Council States Strong Objection to EU's Confirmed Action to Impose AD Tax on Chinese Fasteners
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2022-03-07
     The EU has confirmed a maximal 86.5% anti-dumping tax on certain fasteners imported from China. On February 20, the fastener subdivision of CMCA (China General Machine Components Industry Association) issued a statement of strong objection and persistent opposition against EU's action. The subdivision wrote: "The whole ruling process lacks basis on any facts and laws. The EU side lacks the qualification for the appeal. The substitute price isn't based on WTO's rules, and it is fabricated that standard fasteners from China have caused damages to automotive fasteners and other high-end products in the EU countries. ...... The EU market has tremendous demand for Chinese fasteners, and vice versa." ...... Once again the EU unlawfully abuses anti-dumping measures, ever since last time the EU lost a lawsuit in a WTO ruling. We are indignant that the EU insists on trade protectionism in violation of WTO's rules." The subdivision reiterated that Chinese fastener industry will take necessary actions to protect its rights.

     On February 21, Hong Kong Screw & Fastener Council wrote to the subdivision as an act of support for the subdivision's statement, and stated to "strongly support CMCA's opposition and to object to EU's final determination to impose anti-dumping measures on iron and steel fasteners originating in China".
香港螺絲業協會
中國機械通用零部件工業協會緊固件分會
歐盟反傾銷
反對聲明
HKSFC
CMCA
EU AD measures
strong objection
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2022-03-25

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