The domestic shipping industry, which is under pressure from drop in volumes due to the global economic slowdown, has urged the
18/06/2015 10:21
BRUSSELS, Feb 19 (Reuters) - The European Commission plans to propose anti-dumping and anti-subsidy duties on imports of biodiesel from the United States, sources familiar with the proposal said on Thursday.
The anti-dumping duties would range from 2 euros ($2.50) to 19 euros per 100 kilograms and the anti-subsidy duties from 23 to 26 euros per 100 kg, the sources told Reuters.
The Commission, which oversees trade policy for the 27-country European Union, is due to propose the measures at a meeting next month of EU national trade officials, known as the anti-dumping committee.
In April last year, EU biodiesel producers complained that they were being hammered by U.S. subsidies that they said distorted the growing international trade in plant-based fuels.
($1=.7938 euro)
The anti-dumping duties would range from 2 euros ($2.50) to 19 euros per 100 kilograms and the anti-subsidy duties from 23 to 26 euros per 100 kg, the sources told Reuters.
The Commission, which oversees trade policy for the 27-country European Union, is due to propose the measures at a meeting next month of EU national trade officials, known as the anti-dumping committee.
In April last year, EU biodiesel producers complained that they were being hammered by U.S. subsidies that they said distorted the growing international trade in plant-based fuels.
($1=.7938 euro)
(Reporting by Darren Ennis, editing by Dale Hudson)
Thu Feb 19, 2009 5:16am EST
Source: www.reuters.com
Thu Feb 19, 2009 5:16am EST
Source: www.reuters.com
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