EU drops probe on Chinese telecom equipments
(Xinhua) Updated: 2014-03-28 13:35BRUSSELS -- European Union trade chief announced on Thursday the anti-dumping investigation against Chinese telecommunications equipment makers will not be pursued.
EU Trade Commissioner Karel De Gucht said in a news conference the decision is a significant step towards addressing the mobile telecommunications case, but the European Commission would not drop the anti-subsidy investigation in the same area although it will not be activated for the time being.
"I am pleased that EU and China have recently been able to resolve a number of trade frictions, not least the polysilicon case and the wine case where China terminated their investigation without imposition of any duty, " De Gucht said.
De Gucht said negotiations between the EU and Chinese authorities will be continued towards an amicable solution.
China exports telecommunication network equipment to the EU market with a value of approximately just over 1 billion euros ($1.38 billion) per year.
Last year, European Commission planned to start an anti-dumping and anti-subsidy investigation against China, but kept talks with Beijing open for a solution.
|
 |
 |
- Anti-dumping probe targets optical fiber preform
- US launches anti-dumping probe against China's steel wire rod
- US approves anti-dumping probe of photovoltaic products from China
- China urges US to end anti-dumping probe
- China to impose anti-dumping measures on alloy-steel pipe imports
- US extends anti-dumping duties on China tire products
- NHTSA says finds no 'defect trend' in Tesla Model S sedans
- WTO rare earth ruling is unfair
- Amway says 2014 China sales may grow 8%
- President Xi in Europe: Forging deals, boosting business
- CNOOC releases 2013 sustainability report
- Local production by Chery Jaguar Land Rover this year
- Car lovers test their need for speed in BMW Mission 3
- China stocks close mixed Monday
