EU Tightens Regulation And Affects Exports

Trade is the fuel that drives the global economy, and it is also one of the important factors driving economic recovery in Europe and elsewhere. The volume of Global trade has rebounded, far higher than the lowest level in May 2009, which has exceeded the pre crisis level. Therefore, for many countries, even if export is not the only driving force for economic growth, it must be a major force. For example, in 2010, the EU's GDP growth rate was 1.8 percentage points, of which 1/3 came from the EU's net exports, which helped people keep jobs and businesses could continue to operate.

Recently, however, the World Trade Organization (WTO) and the organisation for economic co operation and development (OECD) Trade with the United Nations The joint development conference (UNCTAD) warned that despite the revival of international trade, trade restrictions continued to increase. For the European Union, under the backdrop of sovereign debt crisis and tight austerity, economic growth is showing signs of weakness, which will continue to promote export activities and is likely to arouse protectionist sentiment.

Karel De Gucht, who held high the banner of the "fair competition environment", said at a recent speech at the European Policy Research Centre that the European Commission will do its best to use all kinds of means, including technology, law and diplomacy, to deal with all kinds of trade barriers if necessary and even political means, and to develop as much as possible for European enterprises and people. New opportunities for export and investment.

The EU will not hesitate to use trade protection tools, that is, anti-dumping and countervailing measures, to ensure that the European market is protected from unfair foreign trade practices. At the same time, specific safeguards will be included in the trade agreement. Once the import volume goes up, the European producers can be protected.

　　 Anti dumping and Countervailing Measures

The anti-dumping duty on imported products from the mainland of China has long been European Union's trade defense policy Common measures. For example, the EU has recently introduced anti-dumping duties on melamine, mesh cloth, glass precursors and roving, and extended the tax period for bicycles for 5 years instead of 3 years earlier, reflecting the trend of no decline in this trend. In the new round of anti-dumping investigations, it is not surprising that the mainland is still the main target. Such development is bound to affect producers and exporters in Hongkong, because most of them are engaged in production or procurement activities in the mainland.

New survey launched by EU from the first half of 2008 to the first half of 2011
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