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Flying flag in front of the European Union's Center for Strategic and International Studies (CSIS)

Reuters reports that the European Union will end restrictions on the sale of solar panels from China in a move that EU producers said would lead to a flood of cheap imports.

The European Commission, which coordinates EU trade policy, said in a statement that the measures would expire at midnight on Monday, Sept. 3.

The EU first imposed anti-dumping and anti-subsidy measures for Chinese solar panels, wafers and cells in 2013 and extended them by 18 months in March last year, signaling that they should then end.

Chinese manufacturers have been allowed to sell solar products in Europe free of duties if they do so at or above a progressively declining minimum price. If sold for less than that price, they are subject to duties of up to 64.9 percent.

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