German Official Calls Looming EU Solar Tariffs A ‘Grave Mistake’

Posted by SI Staff on May 20, 2013 No Comments
Categories : New & Noteworthy

German Economy Minister Philipp Roesler has called the European Commission's reported plans to impose import duties on Chinese solar panels a ‘grave mistake.’

Citing German newspaper Welt am Sonntag, Reuters reports that Roesler said import duties ‘are the wrong instrument,’ as China has cautioned that such tariffs would damage bilateral trade. The minister has called on the commission to avoid a trade war.

‘The German industry is very concerned and quite rightly,’ Roesler said. ‘I expect the commission to do everything to prevent a trade conflict. The commission has to seek a resolution with negotiations and dialogue instead of threats.’

Earlier this month, reports revealed that the European Commission intends to impose Chinese solar PV products with import duties as high as 67.9% in early June.

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