A ruling by the World Trade Organization earlier last week affirmed the position the Greater Phoenix Economic Council held in 2012, opposing the countervailing duties placed on Chinese-manufactured solar panels. The ruling by the WTO counters the position taken by the International Trade Commission (ITC) in 2012, which imposed tariffs on Chinese-manufactured photovoltaic cells and modules. In a formal letter to the US Department of Commerce, GPEC strongly opposed the tariffs on the grounds the duties would have a detrimental effect on the existing solar and renewable energy industry in the Greater Phoenix region.
“We are encouraged by the decision of the WTO, and are optimistic the US will move quickly to reverse its course on these tariffs,” said Barry Broome, president and CEO of GPEC. “Our state leaders have enacted sound pro-business policies, including renewable energy tax credits, which have resulted in significant investment to the region. The 2012 decision by the ITC was completely antithetical to those efforts.”
The ITC is currently considering additional rounds of countervailing duties on solar goods from China; however the recent announcement from the WTO suggests bringing the US measures in line with the ruling offered by the WTO.
A true public-private partnership, GPEC is the regional economic development organization for Greater Phoenix. Working with its 23 member communities, Maricopa County and more than 170 private investors, GPEC attracts quality businesses to this dynamic region. By creating a high-performance economy through capital investments and jobs, Greater Phoenix companies enjoy a business climate where they can compete and thrive in today’s global economy. Since 1989, GPEC has worked to achieve an economically sound and sustainable region. For additional information on GPEC’s previous statements regarding this issue, please visit www.gpec.org/tariff.
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