Tougher defence tools against unfair imports to protect EU jobs and industry

Sea Tanker European Union 2018

Loading and unloading containers from ships at the docks of the ECT Delta Terminal in Rotterdam. © European Union , 2012 / Source: EC – Audiovisual Service / Photo: Robin Utrecht.

This article is brought to you in association with the European Parliament.

The EU could protect itself better against unfairly cheap imports and combat environmental or social dumping more effectively, under a law backed by MEPs on Wednesday.

Higher tariffs can be imposed on dumped or subsidised imports to better protect EU jobs and businesses, under a December 2017 informal agreement that was approved by the Parliament yesterday.

The agreed measures target unfair trade practices from non-EU countries and complement the recently approved anti-dumping rules focusing on non-EU countries that interfere heavily in the economy.

What’s new?

  • the EU will be able to set higher tariffs on dumped and subsidised imports (see tools in Background);
  • investigations into anti-dumping cases will be significantly shorter;
  • costs for EU industry resulting from international labour and environmental agreements will be reflected in the calculation of the duties;
  • a help-desk for SMEs will deal with complaints and investigative proceedings; trade unions will be involved in investigations and assess the duties to be imposed;
  • all products arriving into the EU will be strictly monitored from the moment when an investigation is notified until its actual start and registered to avoid stockpiling;
  • continental shelves and economic exclusive zones (sea zones, mainly used for energy production) will also be covered by the regulations, to close loopholes.
  • Quotes

”This long-overdue modernisation future-proofs our trade defence system. We live in tumultuous times and European workers and manufacturers are facing unfair trading practices that take many forms. We are giving our industries the right tools to protect jobs in Europe and ensure that trade takes place on a fair basis”, said Chair of the International Trade Committee, Bernd Lange (S&D, DE).

“This is the largest reform of the EU’s trade defence instruments for 23 years. We can now make sure our instruments are adapted to the modern, 21st century trading system. The EU should stand for free and rules-based trade and this is an important tool to ensure we can remain an open economy”, said EP Rapporteur Christofer Fjellner (EPP, SE).

Next steps

The new law enters into force on the day after its publication in the EU Official Journal, expected in the first half of June 2018.

Background

The EU is currently updating its 1995 trade defence law to counter unfair trade practices and reflect the changing needs of European firms, workers and consumers.

According to the new text, the EU would be able to set higher tariff barriers on dumped and subsidised imports through a stricter interpretation of the so-called lesser-duty rule, which allows authorities to impose lower tariffs if that is deemed sufficient to remove injury caused by unfair imports. A minimum profit target for European businesses would be included into the calculation of duties. MEPs also made sure that core international labour and environmental standards have to be met in the exporter country before common undertakings (an alternative by which tariffs are paid through amicable offers) can be agreed upon with non-EU businesses.

Parliament adopted its negotiating mandate already in February 2014, but discussions on the Commission’s 2013 proposal were stalled for more than three years in the Council.

Advertising

the sting Milestone

Featured Stings

Can we feed everyone without unleashing disaster? Read on

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

Stress, overtime, disease, contribute to 2.8 million workers’ deaths per year, reports UN labour agency

Are Halloween pumpkins a problem for the planet?

COP21 Breaking News_04 December: Commitments Made to Reduce Black Carbon, Methane and HFCs

European Accessibility Act: Parliament and Council negotiators strike a deal

A new global platform to unleash entrepreneurs on the world’s toughest problems

COVID-19 shows we need a broader definition of safe mobility

Not a single child spared the ‘mind-boggling violence’ of Yemen’s war

Suicide in postpartum depression

Inflation down to 0.7%, unemployment up at 12.2%: Bad omens for Eurozone

Idlib deal could save three million ‘from catastrophe’ says UN chief, as militants are urged to lay down arms

Do we really understand the value of independent journalism?

Is your smart home as safe as you think?

Pledging ongoing UN support during visit to cyclone-hit areas, Guterres praises resilience of Mozambicans

UN welcomes ‘milestone’ release of 833 Nigerian children from anti-Boko Haram force

Who is to pay for Trump’s trade war against China?

MEPs adopt revised rules for road haulage operations in another EU country

World ‘off track’ to meet most Sustainable Development Goals on hunger, food security and nutrition

Haitian Foreign Minister calls for development reboot to close ‘striking gap’ between promises and action on ending poverty

China Unlimited: the dragon’s long and winding road

COVID-19: What to know about the coronavirus pandemic on 3 April

COVID-19: A time screaming for positivity

Blockchain can change the face of renewable energy in Africa. Here’s how

Thai citizenship means ‘dream of a brighter future’ for cave rescue boys, says UN Refugee Agency

Australia wants to build a giant underground ‘battery’ to help power the nation

The Commission neglects the services sector and favours industry

Brexit: Is there anybody supporting a non-violent separation?

Wednesday’s Daily brief: Day 3 of anti-hatred summit, UNFPA turns 50, Ben Stiller #WithRefugees, updates on Abyei

Rule of law: MEPs travel to Malta to meet with government, NGOs and journalists

Record-high number of civilian casualties in Afghanistan: UN Report

European Youth Forum demands immediate action & binding agreement on climate change

Cultural diversity can drive economies. Here are lessons from India and South Asia

Why #Wherearethewomen? is an $11 trillion question

‘Amid stormy global seas, UN charter remains our moral anchor’, says Guterres on United Nations Day

EU Budget 2020 deal: Investing more in climate action, youth and research

‘No shortcuts to a healthier world’: WHO chief sets out health priorities for the decade

Peace in the Gulf ‘at a critical juncture’ says DiCarlo, urging continuation of Iran nuclear deal

UN rights chief ‘appalled’ by US border detention conditions, says holding migrant children may violate international law

Fostering defence innovation through the European Defence Fund

The world needs a grand coalition to tackle climate change

ECB reaches the boundaries of its mandate to revive the entirety of Eurozone

Lithuania finds the ways to maintain its energy security

The eighth round of TTIP negotiations concludes in Brussels amid scepticism and new fears

Greener economies and investment to reduce unemployment and increase global growth

Car-free day – and the other 364 days of the year

No agreement in sight on EU budget

Asia-Pacific showing ‘decisive leadership’ on road to 2030 Sustainable Development Goals, deputy UN chief tells key forum

The Cold War had an unintended side effect: It created a European wildlife paradise

Coronavirus update: Countries urged to fight ‘controllable’ pandemic

United States: UN chief ‘deeply saddened’ by deadly California wildfires

St Patrick’s Day during a pandemic – how people celebrated this year

Italian electoral results to change Eurozone climate and weight on the Cyprus issue

EU elections: Can EU citizens’ awareness eradicate fake news more efficiently than Facebook, Twitter and Google?

High-tech or ‘high-touch’: UK survey gives clues to the jobs of the future

Banks cannot die but can be fined

How fixing broken food systems can help us meet all the SDGs

UN and civil society team up to make cities more sustainable and inclusive

This AI can predict your personality just by looking at your eyes

How to make trade single windows more efficient with blockchain

Migration and rule of law on next ACP-EU Parliamentary Assembly agenda

Easier Schengen Visas for non-EU holiday makers: A crucial issue for south Eurozone countries

More Stings?

Advertising

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s