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The US International Trade Court's decision to refer to the US Department of Commerce for review certain key aspects invoked to impose an average tariff of 74% on the import of Argentine biodiesel in April 2018, was received with satisfaction by the Ministry of Foreign Affairs.
"The Court's decision coincides with our country's position that the US Department of Commerce's anti-dumping order is not in compliance with US legislation in this area," said Jorge Faurie's portfolio. in a statement.
"Our Foreign Ministry is confident that the above-mentioned department can confirm its preliminary decision to eliminate other countervailing duties also imposed on Argentinean biodiesel exports last year for customs duties. just as high, "said the Ministry of Foreign Affairs.
"These two decisions underscore the importance of continuing to work bilaterally to find a pragmatic business solution to this important business problem, in a market that until 2016 represented annual exports of biodiesel worth US $ 1.99 billion. $ 1.3 billion, "added the diplomatic spokesman.
For the Ministry of Foreign Affairs, "the decision of the day of the date is a very important step to demonstrate that the national exports of biodiesel do not constitute unfair commercial practices".
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