The Ministry of Commerce of China announced this Tuesday that from next Friday they will be imposed “anti-dumping measures provisional” on imports of certain brandies originating from the European Union, thus canceling the decision taken at the end of last August, when it ruled out setting customs duties on alcohol imports from the Twenty-Seven.
The Asian giant’s decision was announced after Brussels decided last week to continue the project duty At chinese electric carenvisages the imposition from this Friday of margins of between 30.6% and 39% on a series of European brands, including Bodegas Osborne and Miguel Torres, to which 34.8% will apply.
Cognac spill
The Department has determined that, in accordance with the provisions of the Regulation Anti-dumping of the People’s Republic of China and the results of the relevant investigations, there is dumping of the imported spirits in question originating in the country. European Unionas well as the fact that the domestic brandy industry is threatened with material injury and that there is a causal link between dumping and the threat of material injury.
In this way, from October 11 Since 2024, importing operators must provide the corresponding security deposit to the customs of the People’s Republic of China when importing brandy originating from the European Union.
On August 29, the Chinese Ministry of Commerce ruled out the imposition of temporary anti-dumping tariffs on brandy imports from the EU, although it found that European producers were applying dumping margins in marketing of their products.
Despite its decision not to impose temporary measures, Beijing then gave interested parties a deadline to submit written comments to the investigating authority.
