The European Commission approved trade chief Karel De Gucht’s plan for curbs on Chinese solar panels, allowing import tariffs to be removed next week in Europe’s largest dumping dispute.
The commission, the European Union’s executive arm in Brussels, today endorsed a negotiated settlement with China that sets a minimum price and a volume limit on EU imports of Chinese solar panels until the end of 2015. Chinese manufacturers that take part will be spared EU duties meant to counter below-cost sales, a practice known as dumping.
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Jonathan Stearns, Bloomberg via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/BlpXvj-UWxY/
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