EU
Considering Duties on Imports of Biodiesel from Indonesia, Argentina
The European Commission is considering possible
anti-dumping duties on imports of biodiesel from Indonesia and Argentina,
according to unnamed sources cited by Reuters. The provisional duties could be
confirmed as early as next week, pending the final investigation results.
The
investigation was launched by the Commission last year, in response to a
request by the European Biodiesel Board (EBB), which represents manufacturers
accounting for over a quarter of EU biodiesel production. The EBB has claimed
that the two countries, which together make up 90 percent
of biodiesel imports into the EU, maintain differential export taxes - in other
words, higher export taxes for the raw materials used to produce biodiesel than
on biodiesel itself. The group argues that the practice discourages raw
material exports in favour of biodiesel exports.
The
news comes shortly after Argentina - in a separate development - filed its own
complaint at the WTO against the EU and some of its member states over
allegedly unfair trade practices involving the importation and marketing of
biodiesel, as well as the subsidisation of the 27-country bloc’s domestic
market.