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Image header Agence Europe
Europe Daily Bulletin No. 13805
Contents Publication in full By article 15 / 38
EXTERNAL ACTION / China

European Commission makes it possible for Chinese exporters of electric vehicles to circumvent countervailing duties

On Tuesday 10 February, the European Commission amended the implementing regulation governing the countervailing duties to which Chinese exporters of electric vehicles are subject, following a review procedure initiated in response to an undertaking offered by Volkswagen (Anhui) Automotive, a joint undertaking between JAC Motors and Volkswagen, based in China (see EUROPE 13766/31).

On 12 January, the Commission presented guidelines for Chinese manufacturers who, like Volkswagen (Anhui), wanted to negotiate a minimum import price in order to circumvent the EU’s countervailing duty on imports of electric vehicles (see EUROPE 13784/4).

A mutually agreed solution inter alia with individual exporting producers could be identified and implemented even after the imposition of definitive measures”, the Commission points out.

The Commission found Volkswagen (Anhui) Automotive’s first offer satisfactory, pointing out in the new implementing regulation that any exporter may undertake to “revise its prices [...] as long as such exports benefit from the countervailable subsidies, if the injurious effect of the subsidies is thereby eliminated”. 

At present, only Volkswagen (Anhui) Automotive can claim exemption from the countervailing duties, but other exporting producers may in turn submit an undertaking offer, which must then be accepted by the Commission.

The regulation: https://aeur.eu/f/ko2 (Original version in French by Pauline Denys)

Contents

Informal EU leaders' retreat
EUROPEAN PARLIAMENT PLENARY
SECURITY - DEFENCE - SPACE
EXTERNAL ACTION
INSTITUTIONAL
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
COURT OF JUSTICE OF THE EU
NEWS BRIEFS
CORRIGENDUM