Ruth Smeeth – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Ruth Smeeth on 2016-02-10.

To ask the Secretary of State for Business, Innovation and Skills, pursuant to the Answer of 4 February 2016 to Question 24530, what methodology is used to calculate prices in connection with anti-dumping cases relating to the US and Russia.

Anna Soubry

The US and Russia are both treated as market economies in anti-dumping investigations by the European Commission. This means that, with some exceptions, dumping is calculated on the basis of prices prevailing in the US and Russian domestic market. The exceptions are set out in Council Regulation (EC) No 1225/2009 (the EU’s basic anti-dumping Regulation) and the World Trade Organisation Agreement on Implementation of Article VI of the General Agreement on Tariffs and Trade 1994 (the “AD agreement”).