Evasion of Anti-dumping Duty Hurts Taiwan
[2011-12-15 12:00:48]
Some Taiwanese businessmen operating in China have been using Taiwan to evade anti-dumping levies, a move that hurts Taiwan's overall business sector, the Ministry of Economic Affairs (MOFA) said Dec. 14, 2011.
The European Union imposes anti-dumping duties on certain imports originating from China. In order to circumvent these duties, some Taiwanese businessmen operating in China have therefore been shipping their exports to the 27-nation bloc via Taiwan to evade the anti-dumping duties, which has hurt law-abiding businesses in Taiwan, according to the ministry's Bureau of Foreign Trade (BOFT). The EU has imposed anti-dumping duties on Taiwanese exporters of lighters, welded pipeline gears, and the herbicide glyphosate, who have been found to have deliberately evaded anti-dumping duty, a BOFT official said.
According to World Trade Organization (WTO) data collected between 1995 and 2010, Taiwan was ranked No. 3 among WTO members for the number of anti-dumping cases, while China was ranked No. 1, with South Korea ranked No. 2 and the United States at No. 4. The data shows that so far, the WTO's Dispute Settlement Body has found 590 cases of anti-dumping among companies in China.
Source: Taiwan News
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