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»»EU Will Not Impose Tariffs on Imports of Pentaerythritol From U.S., China, Russia, Turkey and Ukraine

EU’s trade authority dropped a threat to impose tariffs on imports from the US, China, Russia, Turkey and Ukraine of a chemical used in paints, the pentaerythritol.

The EU closed a probe into whether the five countries’ pentaerythritol exporters sold in Europe below domestic prices or below the production cost.[…]
EU’s trade authority said U.S. and Turkish exporters didn’t depress prices and dumping by Chinese, Russian and Ukrainian companies doesn’t justify punitive duties sought by EU producers to stem sales and profit declines. (source)

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April 5, 2007 - in: International Trade & B2B  in: »»Europe
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