Extending anti-dumping tax on MSG from Indonesia and China for another 5 years

(Chinhphu.vn) - The Ministry of Industry and Trade has just issued Decision No. 1914 on the final review results of the application of anti-dumping measures on some MSG products originating from Indonesia and China.

Extending anti-dumping tax on MSG from Indonesia and China for another 5 years - Illustrative photo

Accordingly, the anti-dumping measure is extended for another 5 years with the anti-dumping tax applied from VND 3,396,156/ton to VND 6,385,289/ton.

The Ministry of Industry and Trade will begin the final review investigation from July 2024 in accordance with the provisions of Vietnam's trade defense law. The investigation process will be carried out in accordance with the provisions of the Law on Foreign Trade Management, relevant regulations as well as the Anti-dumping Agreement of the World Trade Organization (WTO).

Accordingly, the investigating agency determined that there was a possibility that the imported goods under investigation would continue or recur in dumping behavior causing damage to the domestic manufacturing industry in the event of termination of anti-dumping measures.

In the coming time, the Ministry of Industry and Trade will coordinate with relevant management agencies to inspect, monitor and supervise the effectiveness of the implementation of the decision to ensure a fair and favorable competitive environment for manufacturing industries in accordance with legal regulations.

Anh Tho

Source: https://baochinhphu.vn/gia-han-ap-thue-chong-ban-pha-gia-voi-bot-ngot-tu-indonesia-va-trung-quoc-them-5-nam-10225070314353167.htm