Thursday, September 6, 2012

EU opens anti dumping investigation against biodiesel from Argentina and Indonesia

After pressure from European biodiesel producers the EU published on 29 August 2012 an investigation into whether biodiesel from Argentina and Indonesia is being dumped in the EU. Both countries have for years been operating a differential export tax, with higher tax on vegetable oil than on biodiesel. Now the EU has decided to strike, which comes at a time where the EU and Argentina is already in a struggle in WTO. Hardly a coincidence.

The mere existence of the investigation will put a dampener on the appetite to import biodiesel from these countries into the EU, as soon the EU can implement a preliminary anti-dumping duty with short notice - should they wish to.

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