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Trade and Industry Department The Government of the Hong Kong Special Administrative Region
Brand Hong Kong - Asia world city

Commercial Information Circulars

24-hour hotline : 23 922 922

e-mail address : enquiry@tid.gov.hk

Ref : CR EIC 230/2/1/1/2

19 August 2016

Dear Sirs,

Commercial Information Circular No. 677/2016

European Union (EU)* : Result of New Exporting Producer's Request under the Anti-dumping Measures on Imports of High Tenacity Yarn of Polyesters Originating in the Mainland of China

Further to Commercial Information Circular No. 1170/2015 of 9 December 2015, the European Commission ("the EC") has published a regulation announcing the decision to grant "New Exporting Producer Treatment" ("NEPT") to a Mainland company named Zhejiang Kingsway High-Tech Fiber Co. Ltd ("the applicant") under the anti-dumping measures on imports of high tenacity yarn of polyesters originating in the Mainland of China. The Commission Implementing Regulation (EU) 2016/1356 dated 9 August 2016 can be accessed through the following link:
http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32016R1356&from=EN.

DETAILS

2.Salient points of the treatment for the aforesaid company are set out below –

(a) Company Name : Zhejiang Kingsway High-Tech Fiber Co. Ltd
(b) Product Coverage :
High tenacity yarn of polyesters (other than sewing thread), not put up for retail sale, including monofilament of less than 67 decitex, originating in the Mainland of China, currently falling within Combined Nomenclature (CN) code 5402 20 00.
(c) Rate of Duty : 5.3% of the net, free-at-Union-frontier price before duty
(d) Effective Date : 11 August 2016

BACKGROUND

3.In accordance with Council Implementing Regulation (EU) No. 1105/2010 ("the Regulation") of 29 November 2010, definitive anti-dumping duty on imports of high tenacity yarn of polyesters originating in the Mainland of China has been imposed since 2 December 2010. The duty rate is set at 9.8% of the net, free-at-Union-frontier price before duty (except for 12companies with individual duty rates ranging from 0% to 9.8%).

4.The applicant requested to be granted NEPT under Article 4 of the Regulation. The verification by the EC showed that the applicant had provided sufficient evidence to prove that it meets the criteria to be granted NEPT. It could therefore be granted the weighted average duty rate for the cooperating companies not included in the sample (i.e. 5.3%) and added to the list of Chinese cooperating exporting producers not sampled under Article 1(2) of the Regulation.

ENQUIRIES

5.For enquiries concerning the contents of this circular, please contact the undersigned at 2398 5767.

Yours faithfully,

(Miss Mandy WONG)
for Director-General of Trade and Industry

* The EU member countries are Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the United Kingdom.

Note 1: While every effort is made to ensure the accuracy of the above information, the Department cannot guarantee this to be so and will not be held liable for any reliance placed on the same.
Note 2:
The biweekly newsletter "Business Alert – EU" of the Hong Kong Trade Development Council provides up-to-date information on the latest developments in EU trade policy and trade regulations. The newsletter can be accessed through
http://economists-pick-research.hktdc.com/business-news/subindex/en/Business-Alert-EU/1X2ZT68A/1/0.htm.