BIODIESEL INDUSTRY AWAITS MAY VERDICT ON ALLEGED USA PROTECTIVE DUTY EVASION
January 1st, 2011
BY KEITH NUTHALL
INVESTIGATORS from the European Commission and the European Union's (EU) anti-fraud office OLAF should report on May 11 about whether American biodiesel exporters are illegally evading EU countervailing and anti-dumping duties on their product. A probe will examine whether US biodiesel is being illicitly routed through third countries, especially Canada and Singapore, to avoid paying the duties: between Euro EUR211.20 and EUR237/tonne for the countervailing (antisubsidy) duties and EUR23.60 and EUR208.20/tonne for the anti-dumping tax.According ...
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