Trade vote aims at protecting against dumped and subsidised EU imports
Only effective trade defence instruments will restore level playing field
Today, the International Trade Committee of the European Parliament has voted to better protect the European Union against dumped and subsidised imports from countries not members of the EU. BusinessEurope supports today’s INTA Committee vote.
Markus Beyrer Director General of BusinessEurope said: "Today's vote is a good signal because European business needs effective trade defence instruments that are workable for the industry and that restore a level playing field. The vote paves the way for trilogue discussions with the Council and the Commission.”
The EU legislation should respect the following key principles:
- Compliance with WTO and EU rules
- Objectivity of methodology, with market distortions determination based on technical criteria
- Effectiveness of Trade Defence Instruments (TDI) in restoring a level playing field
- Workability for the industry, which means that no additional workload must be imposed on EU economic operators as compared to the current legislation.
The level of protection for EU economic operators should not fall below the level of protection of the current methodology.