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Indonesia challenge EU’s biodiesel anti-dumping duties

Biodiesel

The Indonesian government intend on filing a complaint to the World Trade Organization (WTO) against the European Union’s anti-dumping duties on biodiesel imports from Indonesia, news sources reported on Monday. Indonesia are also questioning the calculation of the duties.

Pradnyawaiti, Director of Trade Security from Indonesia stated that the country intend on filing the complaint at WTO Headquarters in Geneva at the end of this month.

The European Union set an import tax of 8.8% on Indonesian biodiesel in November 2013, which was expected to then be applied for five years. The tax lead to a huge decrease in Indonesian biodiesel exports, which were reported to have fallen from $625mn in 2013 to $9mn in 2017.

The WTO backed Argentina’s complaint that anti-dumping duties were incorrectly calculated using back in September last year, leaving Indonesia with expectations of a positive outcome from their complaint.

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NB 20/3/2017

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