Eurasian Economic Union Continues to Implement Price Commitment for Oil Well Tubes in China
Recently,the Internal Market Protection Department of the Eurasian Economic Commission issued Announcement No.2021/264/AD16R1,which extended the anti-dumping measures against oil well pipes in China by Eurasia for 5 years in accordance with the Eurasian Economic Commission Resolution No.52 of April 27,2021,while maintaining the price commitments reached by Hanting Energy Technology(Wuxi)Co.,Ltd.,Tianjin Steel Pipe Manufacturing Co.,Ltd.,and Hengyang Valin Steel Pipe Co.,Ltd.From the announcement date until April 26,2026,the products exported by the aforementioned three enterprises to the Eurasian Economic Union through price commitments will be exempted from the anti-dumping duty of 12.23%to 31.00%.
In this anti-dumping investigation,Lawyer Qian Wenjie,a partner of Gaopeng Law Firm,represented the aforementioned three Chinese enterprises in a harmless defense,while representing Hanting Energy Technology(Wuxi)Co.,Ltd.in a dumping defense.In this case,lawyer Gao Peng once again helped enterprises maintain their export share through price commitments,effectively safeguarding China's export interests.
As a background,this investigation is the first sunset review initiated by the Eurasian Economic Union on exporters'price commitments.In the original investigation from 2014 to 2015,Lawyer Qian Wenjie also conducted a harmless defense on behalf of the China Iron and Steel Industry Association,seeking the first price commitment granted by the Eurasian Economic Commission to foreign exporters for the main export enterprises responding to the lawsuit,and obtaining exemption from anti-dumping duties within the scope of the commitment.
Enlightenment from handling cases
Price commitment is a commitment made by an exporter to the investigation authority of the importing country to ensure that future exports will not fall below the minimum price.Once an enterprise violates its price commitment,the investigating authority can resume the collection of anti-dumping duties.Therefore,enterprises participating in price commitments have the obligation to report their exports to the investigating authority and actively respond to the lawsuit during the sunset review,in order to persuade the investigating authority to extend this preferential treatment.
During the sunset review,many Chinese companies applied for price commitments,but they did not obtain approval from the Eurasian Economic Commission due to various reasons,such as the urgency of time and the accuracy of the questionnaire responses.From the results of responding to the lawsuit,the probability of success for exporters to apply for price commitments in the original trial stage is higher than that for the sunset review.In this regard,we have successfully established a case in favor of China in the anti-dumping investigation of Eurasian oil well pipes and galvanized steel plates.Therefore,when an export enterprise encounters a Eurasian anti-dumping investigation for the first time,it must actively respond to the lawsuit at the original trial stage in order to lay a solid foundation for subsequent price commitment negotiations.
Host lawyer:Qian Wenjie,senior partner lawyer
Link to the official announcement of the Eurasian Economic Commission:
https://docs.eaeunion.org/docs/en-us/01429126/oa_29042021
(This article is translated by software translator for reference only.)
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