Three French spiritual trade agencies have warned that possible delays in anti-dmpming investigations in China’s brand, China’s continuous negative effects will not change temporary taxes on concearies and Armanak producers.
According to the information, in the information Bloomberg and Reuters On Friday (March 28), French Foreign Minister Jean-Nuel Barut told reporters that the completion of China’s investigation into the European brand products has been postponed for three months.
“This measure must give us a few months of breathing space with the opening of the unpaid selling of Konyaak and Armangnak, which represents a significant volume of sales to some brands,” he said. Bloomberg.
In a joint statement yesterday (March 31), the National Office of the CONIAC, the National Office of the Armanak Works (BNIA) and the French Wind Exporters and Souls Federation (FEVS) said they were “not informed” about the outcome of Horka’s visit to China.
The three groups said they were aware of a statement by Chinese authorities that the final task would not be implemented on April
They also confirmed that they had been warned of “the possibility of selling the old that is now stored in Chinese ports through a free-paid channel.
BNIC, BNIA and FEVS said members of Cognac and Armagnac looked at the latest developments “positively”, but added that “in essence, these developments do not change the situation of Cognack exporters,” he said.
In October, China’s Commerce Ministry imposed “provided supply measures” on the import of the European Union brand-source brands.
Since October 11, companies that imported products, including brands, have been forced to pay the Chinese authorities a guarantee.
The total amount of money proposed by the Ministry of Commerce in August is equal to taxes proposed by the Ministry of Commerce after the release of an initial investigation report.
“Only for Cognaks, these taxes have effectively shown in their second largest market, resulting in 72 percent of goods, especially in February 2025,” the joint statement said.
China launched its investigation last year after receiving a complaint from the brand of dumping from the Chinese-May Industrial Association. The move came after an EU’s anti-aiding investigation into Chinese electric cars in September