Home / Knowledge / News / Textiles / EC begins anti-subsidy probe on PSF import from 3 nations
EC begins anti-subsidy probe on PSF import from 3 nations
24
Dec '13
The European Commission (EC) has issued a notice related to initiation of an anti-subsidy proceeding concerning imports of polyester staple fibres (PSF) originating in the People’s Republic of China, India and Vietnam.
 
The EC said it has received a complaint pursuant to Article 10 of Council Regulation (EC) No 597/2009 of 11 June 2009 on protection against subsidised imports from countries not members of the European Community (1), alleging that imports of PSF originating in the three countries are being subsidised and are thereby causing material injury to the Union industry.
 
It said the complaint was lodged in November 2013 by the European Man-made Fibres Association (CIRFS), on behalf of producers representing more than 25 percent of the total Union production of PSF.
 
The product subject to this investigation is synthetic staple fibres of polyesters, not carded, combed or otherwise processed for spinning, the EC said.
 
The prima facie evidence provided by CIRFS shows that the producers of the product concerned from China, India and Vietnam have benefited from a number of subsidies granted by their respective Governments.
 
The evidence also shows that the import volume and the prices of the product under investigation have had, among other consequences, a negative impact on the level of prices charged and the market share held by the EU industry, resulting in substantial adverse effects on the overall performance and the financial situation of the EU industry.
 
The investigation will determine whether the product under investigation originating in the countries concerned is being subsidised and whether these subsidised imports have caused injury to the EU industry.
 
If the conclusions are affirmative, the investigation will examine whether the imposition of measures would not be against the EU interest. 
 
The EU has invited the Governments of China, India and Vietnam for consultations, the EU said in its notice published in the Official Journal of the European Union.
 
The investigation will be concluded within 13 months from December 19, 2013, and provisional measures may be imposed no later than nine months from the same date.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X