Molly Scott Cato, Green MEP for the South West of England, has today welcomed the European Parliament’s International Trade committee’s adoption of a new methodology for calculating anti-dumping duties saying that it illustrates the strength of the Single Market to protect our steel industry.

The new agreement would make it possible to protect against dumping of goods from countries that are not market economies, including China [1].

Scott Cato said:

“This move is an example of how within the Single Market we can effectively protect industries, such as our steel industry, from China’s dumping. The EU is increasingly recognising the environmental, social and economic impact of dumping of products such as cheap steel is having. As a result, we are now seeing the EU using the collective power and influence of those economies within the Single Market to push the WTO to act. If we left the Single Market through a hard Brexit, Britain could be left exposed and isolated.”

 She continued,

“Left-wing Brexiteers like Corbyn who support leaving the Single Market but who are also arguing that Brexit will allow us to support re-nationalised industries are at best naïve. To think that we can go it alone and not suffer the consequences of begging for trade deals from countries like China just shows how unrealistic the Labour Party’s position is. Now more than ever, we need a strong, progressive and positive EU that guarantee our environmental and workers’ rights against the coming onslaught of unbridled globalisation. This is not about protectionism but it is about pragmatically protecting our basic environmental and workers’ rights.”

END

[1] Last November, the European Commission adopted a legislative proposal to reform the EU Anti-Dumping and Anti-Subsidy Regulation, focusing on the methodology used to calculate anti-dumping duties. These reforms relate to the expiry of parts of Section 15 of the Accession Protocol of China to the WTO and the possible granting of Market Economy Status to China. This revised legislation would enable the EU to protect its industries from aggressive business practices by countries that are not market economies or that do not comply with international labour or environmental standards by imposing anti-dumping duties. Trilogue negotiations with the European Commission and European Council are expected to start in July. 

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