L271[42 Official Journal of the European Communities 12.10.2001 COMMISSION DECISION of 11 October 2001 terminating the review of Council Regulation (EC) No 1599/1999 imposing a definitive counter- vailing duty on imports of stainless steel wires with a diameter of 1 mm or more originating in (notified under document number C(2001) 3041) (2001/724[EC) THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Community, Having regard to Council Regulation (EC) No 2026/97 of 6 October 1997 on protection against subsidised imports from countries not members of the European Community (!), and in particular Article 20 thereof, After consulting the Advisory Committee, Whereas: 0] 0] A. PREVIOUS PROCEDURE By Regulation (EC) No 1599/1999 (%), the Council imposed a definitive countervailing duty on imports of stainless steel wires with a diameter of 1 mm and more (the product concerned) falling within CN code ex 7223 00 19, originating in India. The measures took the form of ad valorem duties of between 0 and 48,8 % on individual exporters, with a residual duty of 48,8 %. B. CURRENT PROCEDURE 1. Request for review Subsequent to the imposition of definitive measures, the Commission received a request for the initiation of an accelerated review of Regulation (EC) No 1599/1999, pursuant to Article 20 of Regulation (EC) No 2026/97 (‘the basic Regulation’), from two Indian producers based in Bombay, Capico Trading Private Limited and Atlas Stainless Corporation Limited. The companies concerned claimed that they were not related to any other expor- ters of the product concerned in India and that they had not exported the product concerned during the original period of investigation (1 April 1997 to 31 March 1998). They have further stated that they began exporting the product concerned to the Community after the end of the investigation period, or intended to do so. 2. Initiation of an accelerated review The Commission examined the evidence submitted by the Indian exporting producers concerned and consid- ered it sufficient to justify the initiation of a review in L 288, 21.10.1997, p. 1. L 189, 22.7.1999, p. 1. accordance with the provisions of Article 20 of the basic Regulation. After consultation of the Advisory Committee and after the Community industry concerned had been given the opportunity to comment, the Commission initiated, by a notice in the Official Journal of the European Communities (*), an accelerated review of Regulation (EC) No 1599/1999 with regard to the companies concerned and commenced its investigation. 3. Product concerned The product covered by the current review is the same product as that under consideration in Regulation (EC) No 1599/1999. 4. Parties concerned The Commission officially advised the companies concerned and the Government of India of the initiation of the procedure. Furthermore, it gave other parties directly concerned the opportunity to make their views known in writing and to request a hearing. The Commission sent a questionnaire to the companies concerned and received a full reply within the required deadline. The Commission sought and verified all infor- mation it deemed necessary for the purpose of the investigation and carried out verification visits at the premises of the companies concerned. 5. Investigation period The investigation of subsidisation covered the period from 1 January to 31 December 1999 (the investigation period). 6. Methodology The same methodology as that used in the original investigation was applied in the current investigation. C. RESULTS OF THE INVESTIGATION The Commission first examined the status of the compa- nies under investigation in terms of Article 20 of the basic Regulation. () O] C 61, 3.3.2000, p. 2.