Date: 3 months ago   Category: Economy

The EC has refused extension of import duties for solar batteries from China - RIA Novosti, 9/3/2018


Workers on floating solar power station in China. Archival photo
MOSCOW, 3 Sep — RIA Novosti. The European Commission (EC) has decided not to prolong anti-dumping and antisubsiditsionny duties on import to the EU of solar batteries from China, it is said in the statement of the AP Photo/Ng Han Guan regulator.© It is not new economic war. It is the new world "Considering requirements as producers, and those who use or import solar panels, the commission has decided that it for the benefit of the European Union will be to refuse these measures" — I have reported to EC. She has also added that the refusal of duties will promote achievement of the goals of the EU in the field of renewable power. The EC in December, 2013 has introduced anti-dumping and antisubsiditsionny duties on import of solar batteries from China for a period of two years. Measures have been renewed in March, 2017 for 1,5 years which have expired on the night of today. In January of 30% for import of solar batteries from China reported about introduction of duties also the USA. The authorities of the United States have come to a conclusion that in 2012-2016 the Chinese export of solar batteries to the country has grown by 500%, and the prices have sharply dropped — approximately by 60% that has forced the American firms to stop practically production in the territory of the USA. China in August has addressed to the WTO with the claim against the USA in connection with these duties.

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