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BRUSSELS, July 20 (Xinhua) -- The European Union (EU) is mulling over the choice to abolish its ""non-market economy"" list, on which China and 14 other countries are included, and set up a new ""country-neutral"" method to reform its anti-dumping and anti-subsidy legislation, it was announced Wednesday.
The decision was made after the European Commission held the second orientation debate on the treatment of China in anti-dumping investigations as the 15-year-old ""surrogate system"" is set to expire in December.
""The colleagues have agreed to propose changes to the EU anti-dumping and anti-subsidy legislation with the introduction of a new anti-dumping methodology,"" said EU Trade Commissioner Cecilia Malmstrom in a press briefing.
""We are eliminating the existing list of non-market economy countries,"" Malmstrom told reporters. ""This is a new method, it will be country-neutral and will be applied equally to all WTO countries (members).""
With this proposal, the EU would create an additional non-standard methodology. This new methodology would lead to approximately the same level of anti-dumping duties as the EU has today, the commissioner said.
EU officials said the new method would mark a ""huge change"" to the bloc's anti-dumping and anti-subsidy laws and the European Commission will have to shoulder the burden to prove there is ""market distortion"" in its future investigations on a case-by-case basis.
Besides China, other countries on the EU's ""non-market economies"" list include Vietnam, Kazakhstan, Albania, Armenia, Azerbaijan, Belarus, Georgia, the Democratic People's Republic of Korea