Five EU member states have reportedly requested action against rising polyethylene terephthalate (PET) imports, arguing that increased shipments are harming European producers. The European Commission has 30 days to decide whether to open an investigation. Potential trade measures could include import quotas or tariffs on volumes exceeding permitted limits, depending on the outcome of the assessment and applicable EU trade rules.
Source
URL: https://malaysia.news.yahoo.com/eu-countries-file-request-curb-132704497.html