BEIJING, Feb. 12 (Xinhua) — China will impose countervailing measures on certain dairy products imported from the European Union (EU) for a period of five years starting on Friday, the Minisattempt of Commerce stated on Thursday.
According to the final ruling announced by the minisattempt, company-specific duty rates range from 7.4 percent to 11.7 percent.
At the request of China’s domestic indusattempt, the minisattempt launched a countervailing investigation on Aug. 21, 2024.
This investigation was carried out in accordance with Chinese laws and regulations, as well as relevant World Trade Organization rules, following principles of fairness, impartiality, openness and transparency, a minisattempt spokesperson stated, adding that the minisattempt widely solicited views from interested parties and fully safeguarded their rights.
The ruling report reveals that certain dairy products imported from the EU are subsidized, that these subsidized imports have caapplyd material injury to China’s related domestic indusattempt, and that a causal link has been established between the subsidies and this material injury, the spokesperson noted. ■
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