The European Union (EU) announced Monday it will terminate its anti-dumping investigation of Polyvinyl Alcohol (PVA) imports from the Chinese mainland and Taiwan.

The draft decision, which proposes to cancel the temporary anti-dumping duty on Chinese PVA, will not come into effect until it is passed by the European Commission (EC).

The EC launched an anti-dumping investigation on PVA worth more than 33 million US dollars imported from the Chinese mainland and Taiwan between October 1, 2005 and September 30, 2006.

The commission imposed a six-month anti-dumping duty against Chinese PVA at a rate of 10 percent in September 2007 after three Chinese enterprises failed to obtain market economy treatment in the initial arbitration.

(Xinhua News Agency March 11, 2008)