AD/CV: European Union and Belgium, France, and Germany Sugar
The International Trade Commission (ITC) has issued a press release stating that on August 11, 2005, a majority of Commissioners voted to revoke the existing countervailing (CV) duty order on sugar from the European Union (EU) (C-408-046) and the existing antidumping (AD) duty orders on sugar from Belgium, France, and Germany (A-423-077, A-427-078, A-428-082, respectively).
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| AD & CV Duty Orders on Su |
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According to the press release, the ITC Commissioners determined that revocation of these existing CV and AD duty orders would not be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.
(This action comes under the five-year (sunset) review process required by the Uruguay Round Agreements Act (URAA), which according to 19 CFR 351.218(a), requires the International Trade Administration (ITA) to revoke an AD or CV duty order, or terminate a suspension agreement, after five years unless it is found that revocation would be likely to lead to both (1) a continuation or recurrence of dumping or a countervailable subsidy, and (2) material injury to a U.S. industry within a reasonably foreseeable time.
A negative determination either by the ITA with respect to (1) above or by the ITC with respect to (2) above results in the revocation of the AD and/or CV duty order.)
(See ITT's Online Archives or 08/12/05 news, 05081230, for BP summary of ITA notice of final results of full sunset review that the CV duty order on sugar from the European Union in which it found that revocation of the CV finding would likely lead to continuation or recurrence of countervailable subsidies.)
ITC Contact - Peg O'Laughlin (202) 205-1819
ITC Press Release (05-095, dated 08/11/05, ITC Inv. Nos. 104-TAA-7 and AA1921-198-200) available athttp://www.usitc.gov/ext_relations/news_release/2005/er0811cc2.htm