Taiwan lighting association advocate raising LED lighting tariffs I

<< Go Back Posted By:administrator on Apr 28,2015in Industry News

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According to a China Times report, Taiwan Lighting Fixture Export Association (TLFEA) has been promoting the inclusion of LED lighting products at WTO Environmental Goods Agreement (EGA) negotiations.

The lighting association sent a delegation to the 5th WTO EGA negotiation, which took place in Geneva from March 16th-20th, to promote the inclusion of LED lighting in the agreement. The move is considered a solution to overcome the slow Taiwan and China’s slow trade talk progress, and a shortcut to eliminating tariffs for Taiwanese LED products exported to China. According to statistics, Taiwan exported a total of $1.54 billion worth of LED lighting products in 2014.

Taiwan’s LED lighting products exported to China are subject to 5%-20% tariffs, with a majority of product subject to 20% tariffs Previously, Taiwanese LED industry proposed including LED lighting products in Cross-Strait Agreement on Trade and Goods negotiations, but talks have come to a standstill. If the proposal of including LED lighting in EGA is approved by WTO member states, Taiwan LED lighting products could be exempted from Chinese tariffs.