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Politics and policies: EU relations with Russia and China

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15/05/1998
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The Council has adopted a Regulation amending the EC's basic anti-dumping Regulation No. 384/96. The Regulation changes the method by which the normal value of goods in anti-dumping investigations should be calculated.

The Council has decided that it is appropriate to revise the Community's anti-dumping practice in order to take account of the changed economic conditions in Russia and China. The amended Regulation maintains the rule, in relation to most non-market economies, that normal value should be determined on the basis of the price or constructed value in an analogous market economy third country. However, it introduces new rules in relation to anti-dumping investigations concerning imports from the Russian Federation and the People's Republic of China. These new rules provide that normal value will be determined in accordance with the rules applicable to market economy countries if it is shown, on the basis of substantiated claims by the producers subject to an investigation and in accordance with specific criteria and procedures, that market economy conditions prevail for the producers in respect of the manufacture and sale of the like product concerned. When this is not the case, the rules applying to non-market economy countries will apply. The effect of this change is that in certain circumstances the normal value of imports from Russia and China will be determined on the basis of domestic price information.

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