Commission Implementing Regulation (EU) 2025/500 of 13 March 2025 imposing defini... (32025R0500)
Commission Implementing Regulation (EU) 2025/500 of 13 March 2025 imposing definitive countervailing duties on imports of certain aluminium road wheels originating in Morocco
- COMMISSION IMPLEMENTING REGULATION (EU) 2025/500
- of 13 March 2025
- imposing definitive countervailing duties on imports of certain aluminium road wheels originating in Morocco
- 1.
- PROCEDURE
- 1.1.
- Initiation
- 1.2.
- Interested parties and request for anonymity
- 1.3.
- Comments concerning initiation
- 1.3.1.
- Comments following final disclosure
- 1.4.
- Sampling
- 1.4.1.
- Sampling of Union producers
- 1.4.2.
- Sampling of importers
- 1.4.3.
- Sampling of exporting producers in Morocco
- 1.5.
- Individual examination
- 1.6.
- Questionnaire replies and verification visits
- 1.7.
- Investigation period and period considered.
- 1.8.
- Non-imposition of provisional measures and subsequent procedure
- 1.9.
- Final disclosure
- 2.
- PRODUCT CONCERNED AND LIKE PRODUCT
- 2.1.
- Product concerned
- 2.2.
- Like product
- 3.
- SUBSIDISATION
- 3.1.
- Subsidies and subsidy programmes within the scope of the investigations
- 3.2.
- Partial non-cooperation and use of facts available
- 3.2.1.
- Application of Article 28 of the basic Regulation to the GOM
- 3.2.2.
- Application of Article 28 of the basic Regulation to DMA and its related companies
- 3.3.
- Background on the preferential policies for the Moroccan automotive industry
- 3.3.1.
- National Pact for Industrial Emergence 2009-2015
- 3.3.2.
- Industrial Acceleration Plan 2014-2020
- 3.3.3.
- New Investment Charter 2022
- 3.4.
- Cooperation between Morocco and China
- 3.4.1.
- Legal basis
- 3.4.2.
- Introduction and factual context of the bilateral cooperation: legal and policy documents
- 3.4.3.
- Details of the investment project by the Dicastal group
- 3.5.
- Subsidies provided in the context of the bilateral cooperation between the GOM and the GOC
- 3.5.1.
- Legal assessment
- 3.5.1.1. Comments following final disclosure
- 3.5.2.
- Preferential financing provided by a government or a public body in the context of cooperation between the GOM and the GOC
- 3.5.2.1. Preferential financing provided to DMA for the Morocco investment project
- 3.5.2.1.1. Grants and preferential financing provided by the GOC and by Chinese banks and financial institutions to CITIC Dicastal
- (a)
- Sources of external funds
- (b)
- Legal standard
- (c)
- Chinese State-owned banks and financial institutions acting as public body
- 3.5.2.1.2. Provision of preferential financing to DMA by CITIC Dicastal acting as a public body
- (a)
- Provision of preferential financing by CITIC Dicastal through its related entities
- (b)
- Preferential financing provided to DMA via Changsha Dicastal
- (c)
- Preferential financing provided to DMA via Dicastal Asia
- (d)
- Preferential financing provided to DMA via Dicastal HK
- (e)
- Preferential financing provided to DMA via Wisdom
- (f)
- Conclusion
- 3.5.2.1.3. CITIC Dicastal acting as a public body
- 3.5.2.2. Findings of the investigation
- (a)
- Capital increase
- (1)
- Financial contribution
- (2)
- Benefit
- (3)
- Specificity
- (4)
- Conclusion
- (b)
- De facto
- loan linked to capital goods and loans
- (1)
- Financial contribution
- (2)
- Benefit
- (3)
- Specificity
- (4)
- Conclusion
- (c)
- Direct transfer of funds linked to the provision of aluminium ingots
- (1)
- Financial contribution
- (2)
- Benefit
- (3)
- Specificity
- (4)
- Conclusion
- 3.6.
- Direct transfer of funds provided by the GOM
- 3.6.1.
- Grants provided under IDIF
- (a)
- Legal basis
- (b)
- Findings of the investigation
- (c)
- Financial contribution
- (d)
- Benefit
- (e)
- Specificity
- (f)
- Conclusion
- 3.6.2.
- Grants provided under HIIF
- 3.6.3.
- Preferential financing
- (a)
- Legal basis
- (b)
- Findings of the investigation
- (c)
- Financial contribution
- (d)
- Benefit
- (e)
- Specificity
- (f)
- Conclusion
- 3.7.
- Government revenue foregone or not collected
- (a)
- Legal basis
- (b)
- Findings of the investigation
- (c)
- Financial contribution
- (d)
- Benefit
- (e)
- Specificity
- (2)
- Conclusion
- 3.8.
- Provision of land for less than adequate remuneration by the GOM
- (a)
- Legal basis
- (b)
- Findings of the investigation
- (c)
- Financial contribution
- (d)
- Benefit
- (e)
- Specificity
- (f)
- Conclusion
- 3.9.
- Schemes which were not countervailed
- 3.10.
- Conclusion on subsidisation
- 4.
- INJURY
- 4.1.
- Definition of the Union industry and Union production
- 4.2.
- Union consumption
- 4.3.
- Imports from the country concerned.
- 4.3.1.
- Volume and market share of the imports from the country concerned.
- 4.3.2.
- Prices of the imports from the country concerned, price undercutting and price suppression
- 4.4.
- Economic situation of the Union industry
- 4.4.1.
- General remarks
- 4.4.2.
- Macroeconomic indicators
- 4.4.2.1. Production, production capacity and capacity utilisation
- 4.4.2.2. Sales volume and market share
- 4.4.2.3. Growth
- 4.4.2.4. Employment and productivity
- 4.4.2.5. Magnitude of the subsidy rates and recovery from past subsidisation.
- 4.4.3.
- Microeconomic indicators
- 4.4.3.1. Prices and factors affecting prices.
- 4.4.3.2. Labour costs
- 4.4.3.3. Inventories
- 4.4.3.4. Profitability, cash flow, investments, return on investments and ability to raise capital.
- 4.4.4.
- Conclusion on injury
- 5.
- CAUSATION
- 5.1.
- Effects of the subsidised imports
- 5.2.
- Effects of other factors
- 5.2.1.
- Imports from third countries
- 5.2.2.
- COVID-19 pandemic
- 5.2.3.
- Export performance of the Union industry
- 5.2.4.
- Consumption
- 5.2.5.
- Effects of multi-year contracts and evolution of the cost of production
- 5.3.
- Conclusion on causation
- 6.
- UNION INTEREST
- 6.1.
- Interest of the Union industry
- 6.2.
- Interest of unrelated importers and users.
- 6.3.
- Conclusion on Union interest
- 7.
- DEFINITIVE COUNTERVAILING MEASURES
- 7.1.
- Level of the definitive countervailing measures
- 8.
- FINAL PROVISIONS
- Article 1
- Article 2
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