The International Trade Practice Center on Bloomberg Law® provides in one comprehensive, time-saving resource.
The European Union erred when it imposed anti-dumping duties on Indonesian biodiesel imports, according to a World Trade Organization ruling issued Jan. 25.
A WTO dispute settlement panel generally backed Indonesia’s argument that the EU applied improper production costs when it calculated anti-dumping duties on Indonesian biodiesel imports. Biodiesel is a renewable fuel produced from vegetable oils and animal fats that are used in diesel engines.
The EU applied excessive anti-dumping duties based on artificial estimates of costs, profits, and prices that ignored actual data from Indonesian producers and exports, the WTO said.
The WTO is now calling on the EU to withdraw the duties at issue. Although the EU could appeal the WTO verdict, the 28-nation bloc will probably reduce or refund its duties for Indonesia, since it did so for Argentina two years earlier.
WTO rules permit either party to appeal the dispute ruling within 60 days.
The ruling comes two years after the WTO found the EU’s duties on biodiesel imports from Argentina violated the terms of the WTO’s Anti-Dumping Agreement.
The Jan. 25 decision relied on many of the findings in the 2016 Argentina biofuel dispute and reached the same conclusion: that the EU had applied a faulty methodology in calculating its biodiesel duties.
The European Union agreed in 2017 to reduce by two-thirds its tariffs on Argentine biodiesel imports to comply with the 2016 ruling.
Argentinian and Indonesian exports previously accounted for 90 percent of all EU biofuel imports, but their imports dropped dramatically after the EU imposed its anti-dumping duties in 2013.
To contact the reporter on this story: Bryce Baschuk in Geneva at firstname.lastname@example.org
To contact the editor responsible for this story: Jerome Ashton at email@example.com
Copyright © 2018 The Bureau of National Affairs, Inc. All Rights Reserved.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to firstname.lastname@example.org.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to email@example.com.
Put me on standing order
Notify me when new releases are available (no standing order will be created)