EU Announces Dumping Duties for South Korean Refrigerators
Sep 1, 2006
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The European Union announced 5-year anti-dumping duties for some refrigerators made in South Korea in a case that has drawn protests from leading U.S. and European appliance makers.
According to a Reuters report, Whirlpool of the U.S. and European manufacturers such as Electrolux and Bosch-Siemens have protested at a Commission decision to exclude three-door "side-by-side" refrigerators from the dumping probe.
The EU's executive Commission will levy duties of 3.4 and 12.2 percent on two-door "side-by-side" fridges, with fresh-food and freezer compartments beside one another, made respectively by Daewoo Electronics and LG Electronics.
The duties are due to come into effect on September 1, 2006.
There would be no punitive tariff for Samsung Electronics Corporation which was also investigated, the report said.
The Commission introduced provisional anti-dumping duties earlier this year and in June recommended the 5-year tariffs. In mid-July, EU Trade Commissioner Peter Mandelson decided they should apply to two-door models and not to three-door items.
In July, Whirlpool accused Mandelson of committing a "serious breach" for narrowing the scope of the anti-dumping measures.
EU trade officials have denied non-compliance with the rules and said the complainant companies were trying to press Brussels to interpret the rules favorably for them.
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