Solar firms might avoid EU fines: MOEA

ACCOMPLICES:Local firms are suspected of colluding with Chinese companies to circumvent trade barriers, but only a few of them were implicated, the ministry said

Taipei Times
Date:  Dec 07, 2015
By: Lisa Wang  /  Staff reporter

Most Taiwanese solar companies under investigation by the EU are likely to be exempted from anti-circumvention measures, as they do not help Chinese firms re-export cheap solar products to avoid EU import quotas, the Ministry of Economic Affairs (MOEA) said yesterday.

Chinese solar panel and cell manufacturers are suspected of exporting near-finished solar products to third nations, including Taiwan and Malaysia, where local firms assemble the final products before exporting them to Europe.

A total of 80 companies from Taiwan and Malaysia are under an anti-circumvention probe and could face heavy fines, according to market researcher TrendForce Corp (集邦科技).     [FULL  STORY]

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