Brazil trade ministry to follow new anti-dumping probe guidelines

29 July 2013 15:54  [Source: ICIS news]

CAMPINAS, Brazil (ICIS)--Brazil's chemical industry will follow new policies regarding anti-dumping investigations, the country's chamber of foreign trade (Camex) said on Monday.

According to a decree published in the Diario Oficial da Uniao, Brazil's official gazette, "anti-dumping policies may apply when the importing of products which are subject to dumping [can] cause damages to the domestic market", the document said. 

Under the new rules, the deadline to complete an investigation has been tightened to 10 months from 15.

According to Camex, anti-dumping duties may be applied in the investigation process. "The goal is to assure that preliminary determinations are made during an average period of 120 days after the beginning of the investigation," the organisation said.

According to the decree, requests for anti-dumping analyses will now be taken within a maximum period of 60 days.

"However, in cases in which there is no need to request additional information and when there are sufficient evidences of dumping ... investigations can be initiated within 15 and 30 days from the date of the request," Camex said.

Recently, Brazil has applied anti-dumping duties on US and German ethanolamines and on polycarbonate (PC) resins from Thailand.

By: Leo Siqueira
+1 713 525 2600

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