Anti-dumping duties extended in Cambodia, Pakistan and Philippines

Cambodia and Pakistan bike imports into the EU have rocketed
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Last September the European Commission began an investigation into the imports of bicycles originating in the People’s Republic of China via Cambodia, Pakistan and the Philippines and making imports of bicycles, allocated as from Cambodia, Pakistan and the Philippines subject to registration.

Now the EC has imposed anti-dumping duties on bikes imported from those countries, regardless of whether they reportedly originated in Cambodia, Pakistan and the Philippines or not (reports Bike Europe).

According to the report, exports from Cambodia to the EU rocketed from 493,874 units in 2011 to 1,382,474 between September 2013 and August 2014. The Philippines saw more modest growth in exports to the EU, from 470,000 in 2011 to 910,000 between Sept 2013 and Aug 2014. Pakistan only started to export bicycles to the EU in 2013 and between Sept 2013 and Aug 2014 had shipped 190,000.

Here's the UK Government's explanation of anti-dumping: "Anti-Dumping Duty is an import duty charged in addition to normal customs duty and is applied across the whole European Community. It is designed to allow the EC to take action against goods that are sold at less than their normal value - that being defined as the price for ‘like goods’ sold in the exporter’s home market."

There's more at Bike Europe.

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