VIETNAM: VIETNAM-EU TRADE NOT TO BE AFFECTED BY DUMPING SUIT - EC OFFICIAL.(European Union, European Commission )(Brief Article)

IPR Strategic Business Information Database, June, 2005

According to "VoV", that the European Commission (EC) is investigating whether or not Vietnam has dumped its bicycles and fluorescent lamps on the European Union (EU) market will not have much effect on the country's exports to the EU, said Ambassador Markus Cornaro, head of the EC delegation to Vietnam.

Mr. Cornaro said that so far no official conclusion has been made as to whether those products have been dumped on the EU market. The EC's investigation will reduce only about 0.1 percent of the Vietnam-EU trade turnover and will not much affect the enterprises' production and trade, he added.