European Union trade chief announced on Thursday the anti-dumping investigation against Chinese telecommunications equipment makers will not be pursued. EU Trade Commissioner Karel De Gucht said in a news conference the decision is a significant step towards addressing the mobile telecommunications case, but the European Commission would not drop the anti-subsidy investigation in the same area although it will not be activated for the time being. "I am pleased that EU and China have recently been able to resolve a number of trade frictions, not least the polysilicon case and the wine case where China terminated their investigation without imposition of any duty, " De Gucht said. De Gucht said negotiations between the EU and Chinese authorities will be continued towards an amicable solution. China exports telecommunication network equipment to the EU market with a value of approximately just over 1 billion euros (1.38 billion US dollars) per year. Last year, European Commission planned to start an anti-dumping and anti-subsidy investigation against China, but kept talks with Beijing open for a solution.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor