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EU To Cut Min Import Price On Chinese Solar Panels

by Ulrika Lomas, Tax-News.com, Brussels

18 September 2017


The European Commission has concluded its interim review of the EU trade defence measures applied to solar panels originating from China, and decided to decrease the minimum import price currently applied.

The interim review was launched in March 2017. It concerned the EU's anti-dumping and countervailing measures applicable to imports of crystalline silicon photovoltaic modules and key components (i.e. cells) originating in China. The EU imposed these duties in December 2013, following investigations which concluded that solar cells and solar panels were being imported into the EU at dumped prices and were being subsidized.

In concluding its interim review, the Commission said that the revised anti-dumping measures on solar panels from China will strike a better balance between the interests of EU importers and producers of high-quality EU products. The minimum price will gradually decline, converging toward the world market price. The Commission will differentiate between various types of solar products.

From October 1, 2017, the minimum import price will be: EUR0.19/Watt and EUR0.37/Watt for multi-crystalline cells and modules, respectively; and EUR0.23/Watt and EUR0.42/Watt for mono-crystalline cells and modules, respectively.

From July 1, 2018, the minimum price will be: EUR0.18/Watt and EUR0.3/Watt for multi-crystalline cells and modules, respectively; and EUR0.21/Watt and EUR0.35/Watt for mono-crystalline cells and modules, respectively.

The Commission said that the lower minimum import prices for multi-crystalline cells and modules are in the interest of EU installers and large utility companies, while the slightly higher prices for the high-quality mono-crystalline products will benefit EU producers, who are increasingly active in this area.

TAGS: tax | European Commission | law | anti-dumping | China | trade disputes | import duty | trade | European Union (EU) | Europe

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