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What is meant by "price undertaking" in countervailing investigation?

09/05/2024 03:15 - 54 Views

- a voluntary undertaking by the government of the exporting country to eliminate or limit the subsidy; or


- a voluntary commitment by the foreign exporter and/or the producer that they will increase their prices or will cease exporting to the Philippines at the subsidized price.


An offer of price undertaking shall be made only after a preliminary affirmative determination of subsidization and injury to the domestic industry.
 

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