WTO Panel Established In Russia-Ukraine Anti-Dumping Dispute
09/05/2016 12:00
The Dispute Settlement Body of the World Trade Organization (WTO) established a panel on April 22, 2016, to consider a complaint by Russia about anti-dumping measures applied by Ukraine to ammonium nitrate.
Ukraine levied anti-dumping duties on imports of ammonium nitrate from Russian companies in 2008 on the grounds that imports from these companies were entering Ukraine at below-market prices to the detriment of domestic producers, a practice known as dumping. On July 1, 2014, the duties were increased to 20.51 percent and 36.03 percent, and are valid for five years.
Russia filed a complaint against the duties on May 8, 2015. It argued that the duties appear to be inconsistent with Ukraine's obligations under various provisions of the Anti-Dumping Agreement and the General Agreement on Tariffs and Trade (GATT) 1994.
Ukraine maintains that the measures were introduced as a result of a thorough and objective investigation and were applied in accordance with the WTO agreements, in particular the Anti-Dumping Agreement.
Australia, Canada, China, Colombia, the European Union, Japan, Kazakhstan, Norway, and the United States reserved their third-party rights to participate in the panel's proceedings.
Ukraine levied anti-dumping duties on imports of ammonium nitrate from Russian companies in 2008 on the grounds that imports from these companies were entering Ukraine at below-market prices to the detriment of domestic producers, a practice known as dumping. On July 1, 2014, the duties were increased to 20.51 percent and 36.03 percent, and are valid for five years.
Russia filed a complaint against the duties on May 8, 2015. It argued that the duties appear to be inconsistent with Ukraine's obligations under various provisions of the Anti-Dumping Agreement and the General Agreement on Tariffs and Trade (GATT) 1994.
Ukraine maintains that the measures were introduced as a result of a thorough and objective investigation and were applied in accordance with the WTO agreements, in particular the Anti-Dumping Agreement.
Australia, Canada, China, Colombia, the European Union, Japan, Kazakhstan, Norway, and the United States reserved their third-party rights to participate in the panel's proceedings.
Source: Tax News
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