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PRESS RELEASE
EMBARGO UNTIL MONDAY JANUARY 24th 2000
THE EBMA WANTS CIRCUMVENTION RULES TIGHTENED
The EBMA members met on the 20th January 2000 to reconfirm their vital stand to safeguard the European bicycle manufacturing industry.
Dissatisfied with the effectiveness of the 1997 EU Regulation on the circumvention of Chinese bicycle anti-dumping measures the EBMA laid a complaint with the European Commission on the import of bicycle frames, forks and wheels to try and improve the situation in regard to extensive circumvention and unfair competition. Further and deeper reflection has brought the EBMA members to what they see as a more effective solution.
The EBMA will therefore very firmly apply pressure to make sure that the circumvention rules are tightened and better observed and will approach the Commission to withdraw the complaint on frames, forks and wheels from China and Taiwan.
The EBMA members are unanimous in continuing their strong stand to take all necessary steps to maintain the essential good business health of the European bicycle manufacturing industry.
Signed
Brian Montgomery/Chairman/Paris/January 21st 2000
