Duties on Asian bicycles

Duties on Asian bicycles

BRUSSELS (Reuter): The European Commission has decided to
extend for two months provisional anti-dumping duties on bicycles
from Indonesia, Malaysia and Thailand to give it more time to
complete its investigations.

The announcement, published in the EUs Official Journal,
extends the duties to April 14 unless the Commission
decides before then to impose definitive duties.

The duties were originally imposed in October, 1995 after a
one-year investigation triggered by complaints from European
manufacturers.

The investigation found that imports from the three countries
nearly tripled to 12 million bicycles between 1990 and 1993, and
that their combined share of the EU market leaped to 21.7 percent
from 8.2 percent.