No tax-increase on Far Eastern bikes - Bike Magic

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No tax-increase on Far Eastern bikes


A 12pm today, it was officially public knowledge that
the dumping action initiated by the European Bicycle Manufacturers Association has
been cancelled.

At yesterdays meeting of EBMA members no support was forthcoming for the continuation
of the investigation by the European Commission so, in effect, it has been shelved.

The existing anti-dumping duties on complete bikes from China was confirmed and extended
yesterday but Brian Montgomery of EBMA has been forced to tell the European Commission
that his members have withdrawn their support for the investigation against dumped
frames and forks from China and Taiwan.

The fact that China and Taiwan were linked in this way has always been the crux of
the problem, say pundits close to the action, and the great majority of European
manufacturers, assemblers, and IBDs will now breathe a sigh of relief as bikes of
Taiwanese origin will not now have extra duties attached to them.


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