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Copyright 2005 The Financial Times Limited
Financial Times (London, England)
July 8, 2005 Friday
London Edition 1
SECTION: LETTERS TO THE EDITOR; Pg. 18
LENGTH: 205 words
HEADLINE: All countries must adhere to WTO rules
BYLINE: By MORRIS D
BODY:
From Mr D. Morris.
Sir, Your main editorial "Time to stop dumping on China" (July 6) is both surprising and misleading.
Anti-dumping cases are only lodged by European industry with the Commission authorities when there is a blatant disregard by exporters for World Trade Organisation rules, and are rigorously examined by the Commission authorities before initiation. The methodology is transparent, and is not open to unfair manipulation. The dice are not loaded against any individual country as WTO rules are non-discriminatory.
Regarding market economy status being granted to China, it is very apparent that in some instances companies that are granted market economy treatment funnel product from other companies to circumvent duties. Another approach is transhipment through third countries.
Were market economy status to be granted to China, anti-dumping duties imposed might be reduced. However, since many companies receive illegal subsidies there would be a proportionate increase in countervailing and circumvention measures to ensure that WTO rules are respected. All countries and all companies must adhere to WTO rules.
D. Morris,
Head of Economics,
International Rayon and Synthetic Fibres Committee,
B-1160 Brussels, Belgium
LOAD-DATE: July 7, 2005
Financial Times (London, England)
July 8, 2005 Friday
London Edition 1
SECTION: LETTERS TO THE EDITOR; Pg. 18
LENGTH: 205 words
HEADLINE: All countries must adhere to WTO rules
BYLINE: By MORRIS D
BODY:
From Mr D. Morris.
Sir, Your main editorial "Time to stop dumping on China" (July 6) is both surprising and misleading.
Anti-dumping cases are only lodged by European industry with the Commission authorities when there is a blatant disregard by exporters for World Trade Organisation rules, and are rigorously examined by the Commission authorities before initiation. The methodology is transparent, and is not open to unfair manipulation. The dice are not loaded against any individual country as WTO rules are non-discriminatory.
Regarding market economy status being granted to China, it is very apparent that in some instances companies that are granted market economy treatment funnel product from other companies to circumvent duties. Another approach is transhipment through third countries.
Were market economy status to be granted to China, anti-dumping duties imposed might be reduced. However, since many companies receive illegal subsidies there would be a proportionate increase in countervailing and circumvention measures to ensure that WTO rules are respected. All countries and all companies must adhere to WTO rules.
D. Morris,
Head of Economics,
International Rayon and Synthetic Fibres Committee,
B-1160 Brussels, Belgium
LOAD-DATE: July 7, 2005
posted by Eastlaw at 4:12 AM
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