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AEGIS Europe welcomes commitment to make new EU trade defence regime effective - the proof is in the pudding

05 October 2017
by aegiseurope -- last modified 05 October 2017

AEGIS Europe, an alliance of 30 industries, has welcomed an agreement between the European Parliament, Commission and Council on a new EU trade defence regime, during a final Trilogue held in Strasbourg yesterday.


"We are happy with the commitment of the three EU institutions to ensure that the new EU trade defence regime, which they agreed upon yesterday, will be used effectively to combat the ever-growing dumping of products onto the EU market," said Ines Van Lierde, Chair of AEGIS Europe.

"The facts are clear, Europe has been a target for dumped products, which have resulted from massive and out of control subsidies, and overcapacities that in some industries, are as high as twice global demand," Van Lierde pointed out.

The Chair of AEGIS Europe noted the agreement on the new rules saying, "The direct impact of this new Regulation will resonate for decades to come, and will have a powerful impact on European jobs and growth. From a practical stand-point, how these rules will be effectively applied and enforced, will be of critical importance to the EU manufacturing industries' future."

Ms Van Lierde expressed industry's willingness to work closely with the EU institutions: "We are prepared to collaborate with the European Commission so that the new regime works efficiently and properly to address ever-growing dumping, which is directly injuring many EU manufacturing sectors and millions of EU workers".

"The EU needs to have strong and legitimate trade defence in place," said Ms Van Lierde. "Legally robust anti-dumping measures are essential if we are to counter unfair competition and continue investing in sustainable manufacturing and employment in Europe," she concluded.

AEGIS Europe brings together nearly 30 European associations representing a broad variety of industries including traditional industries, consumer branches, SMEs and renewable energy sectors, accounting for more than €500 billion in annual turnover and millions of jobs across the EU. This industry alliance, made up of leaders in sustainable manufacturing and social and environmental responsibility, is committed to European manufacturing as the fundamental driver of innovation, growth and jobs in Europe.

AEGIS Europe