L 164/32 Official Journal of the European Union 26.6.2007 COMMISSION DECISION of 25 June 2007 repealing Decision 2005/704/EC accepting an undertaking offered in connection with the anti- dumping proceeding concerning imports of certain magnesia bricks originating in the People’s Republic of China (2007/440[EC) THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Community, Having regard to Council Regulation (EC) No 38496 of 22 December 1995 on protection against dumped imports from countries not members of the European Community (') (the basic Regulation), and in particular Articles 8 and 9 thereof, After consulting the Advisory Committee, Whereas: A. EXISTING MEASURES (1) In October 2005, the Council, by Regulation (EC) No 1659/2005 (%), imposed a definitive anti-dumping duty on imports of certain magnesia bricks originating in the People’s Republic of China (the product concerned’). (2)  The Commission, by Decision 2005/704/EC (*), accepted a price undertaking offered by Yingkou Qinghua Refrac- tories Co. Ltd, (‘the Company’). B. BREACHES OF THE UNDERTAKING 1. The undertaking (a) Obligations of the company with regard to the undertaking 3) In the framework of the undertaking, the Company agreed, inter alia, not to sell the product concerned to the European Community below certain minimum prices (MIPs) laid down in the undertaking. () OJ L 56, 6.3.1996, p. 1. Regulation as last amended by Regulation (EC) No 2117/2005 (OJ L 340, 23.12.2005, p. 17.) ® O] L 267, 12.10.2005, p. 1. () O] L 267, 12.10.2005, p. 27. (4) The terms of the undertaking also oblige the Company to provide the Commission with regular and detailed infor- mation in the form of a quarterly report of its sales of the product concerned to the European Community. For the purpose of ensuring compliance with the under- taking, the Company also undertook to allow on-the- spot verification visits at its premises in order to verify the accuracy and veracity of data submitted in the said quarterly reports and to provide all information considered necessary by the Commission. (b) Other provisions of the undertaking In addition, and as stipulated in the undertaking, the acceptance of the wundertaking by the European Commission is based on trust and any action which would harm the relationship of trust established with the European Commission shall justify the immediate withdrawal of the undertaking. Furthermore, and as stipulated in the undertaking, any changes in circumstances occurring during the period of implementation of the undertaking from those circum- stances prevailing at the time of acceptance of the under- taking which were relevant to the decision to accept the undertaking may give rise to the withdrawal of the undertaking by the European Commission. 2. Verification visit to the Company In this regard, a verification visit was carried out at the premises of the Company in the People’s Republic of China. Two days before the verification visit, the Company submitted revised versions of the undertaking reports for the second and third quarter of 2006. The revisions submitted concerned — inter alia — a prolongation of the terms of payment for five transactions. These adjustments for the time allowed for payment have led to prices below the MIP.