11 April 2013 17:59 [Source: ICIS news]
LONDON (ICIS)--The European Biodiesel Board (EBB) on Thursday welcomed the European Commission’s decision to register biodiesel imports from Argentina and Indonesia, not only in relation to allegations that product from the two countries was dumped in Europe, but also complaints that volumes were subsidised.
The Commission's decision is part of an ongoing investigation after the EBB voiced concerns the two countries were flooding the European market with cheap imports. As a result, many European producers have found it difficult to compete.
“In reaction to damaging imports of biodiesel from Argentina and Indonesia supported by Differential Export Taxes (DETs) policy, the EBB launched both an anti-dumping and an anti-subsidy complaint in 2012. These initiatives were coupled with a request for registration of imports in order to ensure that flows would be considered in defining potential duties,” the EBB said.
“After registration of imports for anti-dumping, decided last January, 28, this further move of the Commission recognises that there is enough prima facie evidence of the distortive effect of DETs and of the injury suffered by European industry due to unfair imports of Argentine and Indonesian biodiesel,” said Raffaello Garofalo, secretary general of the EBB.
As a result of the new regulation, importers are required to declare the proportion of the total content of biodiesel in blends to customs for the purposes of registration.
This measure will remain in place for nine months while the anti-subsidy and anti-dumping investigations continue.
“We are now expecting the outcome of investigations for both anti-dumping and anti-subsidy with potential provisional measures as early as May 2013,” said Garofalo.
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