EC ends anti-dumping investigation of Vietnamese pallet trucks

VOV.VN - The European Commission (EC) has decided to terminate an anti-dumping investigation into pallet trucks after coming to a conclusion that there was no tax invasion of these products imported from Vietnam.

ec ends anti-dumping investigation of vietnamese pallet trucks hinh 0
The Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade said it received a report from the Vietnam Trade Office in Belgium on April 3 saying that the EC had issued its conclusion on the investigation concerning the evasion of anti-dumping duties on Vietnamese pallet trucks.

Earlier, on July 17, 2017, the EU initiated the investigation following a request filed by PR Industrial SRL and Toyota Material Handling Europe. Hand operated pallet trucks and their essential parts were placed under investigation from January 1, 2011 to June 30, 2017.

The plaintiffs alleged that products originating in China were shipped to Vietnam for assembly before the finished products were exported to the EU in order to avoid the anti-dumping duty. 

They also gave preliminary evidence in their efforts to prove that the assembly process amounted to tax evasion as Chinese parts accounted for more than 60% of the total value of the finished products, and the value added during the assembly process was less than 25% of the manufacturing cost.

VOV

Related news