The research of the European anti-dumping suit on imports of stainless steel fasteners and parts thereof originating in Taiwan
Taiwan has won the good name of ¡§the Kingdom of Fasteners¡¨ for years. With the dedication by the whole industry the exporting volume of fasteners products kept significantly growing every year in Taiwan and the production scale has become the leading position worldwide as well. However, due to the unlimited investment along with large expansion of production capacity made in the past decade, the market situation tends to be oversupplied. Price war emerges whenever business gets slow, as a result, the exporting price keeps dropping year by year and Taiwan is likely to be the target of foreign anti-dumping suits. As a matter of fact, Taiwan fastener industry has encountered several anti-dumping suits before. Among all the cases, the European anti-dumping suit on import of stainless steel fasteners has resulted in a considerable impact to the industry that the exporting volume of fasteners products has significantly decreased since 1988 and many companies were forced to seek for other markets, downscale their operation or even move the factories to overseas.
The Agreement on Implementation of Article VI of the General Agreement on Tariffs and Trade 1994 exercises multilateral agreement to sanction the dumping activities based on non-discrimination principle and adopts necessary measure to restrict the dumping activities. As a result, to avoid any negative impact caused by the free trade and protect the benefit of local industries, every country is allowed to bring the anti-dumping law into their trading policy. However, we noted from the evolution of the trading policy that the mechanism of protection measure has been shift from tariff barrier to be non-tariff barrier, and from non-tariff barrier to the abuse or misuse of WTO regulation, the discretion of the administration has even become one of the mechanisms. This paper is intended to emphasize the impact to the free trade by anti-dumping measure and the impropriety of the European anti-dumping system.
This paper includes six chapters: Chapter 1 - General introduction; Chapter 2 ¡V The development of Taiwan fasteners industry; Chapter 3 ¡V The illustration of the European anti-dumping system and suit case; Chapter 4 ¡V The initial and definitive determinations of suit case; Chapter 5 ¡V The disputes of legal procedure and substance; Chapter 6 ¡V Conclusion and suggestion.
Advisor:Chin-Tam Lee; Huei-Mei Liang; Ching-Chane Hwang; Jason H. Huang
School:National Sun Yat-Sen University
School Location:China - Taiwan
Source Type:Master's Thesis
Keywords:screws fasteners dumping injury european union anti nuts
Date of Publication:07/25/2001