MDB issues new scheme with revised collateral requirement after the Malta Chamber of SMEs highlights difficulties
23 September 2020
Following problems flagged by members on accessing the MDB loan scheme, the Malta Chamber of...
has received confirmation that the European Commission has decided that Chinese
Manufacturers of lighters (gas fuelled, non-refillable pocket flint under EU
consolidated HS Code ex96131000) were bypassing anti-dumping regulations and
has therefore extended the already imposed dumping tax to cover imports also
objective of the already existing anti-dumping tax on Chinese originating
lighters, set up in 1991, was to restore the conditions for a fair and loyal
competition to allow European lighter producers to trade on equal terms with
their competitors and to give them the ability to maintain jobs. For 20 years,
this regulation has been difficult to enforce, many producers having multiplied
ways to circumvent it through false declarations, claiming especially that
their lighters were produced in Vietnam, making it a major country of
circumvention through false declaration of origin.
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).