Sugar imported from Cambodia, Indonesia, Malaysia, Laos and Myanmar is subject to anti-dumping duty at the same rate of 42.99% as for Thai sugar. Anti-circumvention measures will take effect after 7 days from the date of registration. from August 1, 2022 to June 15, 2026.
On August 1, the Ministry of Industry and Trade issued Decision No. 1514 applying anti-circumvention measures to a number of cane sugar products imported from Cambodia, Indonesia, Laos, Malaysia and Myanmar.
According to the Ministry of Industry and Trade, this decision was issued on the basis of conducting an objective and transparent investigation in accordance with domestic laws and international commitments. The main contents of the investigation conclusions have been sent in advance to relevant state management agencies as well as enterprises for comments.
On the basis of collecting and synthesizing information and opinions provided by related parties, the investigation concludes to determine the use of sugar materials originating from Thailand to produce and export a number of sugar products. Sugarcane to Vietnam by enterprises from Laos, Cambodia, Indonesia, Malaysia and Myanmar is an act of evading anti-dumping and anti-subsidy measures being applied to sugar products of Thailand. At the same time, economic indicators show that the effectiveness of anti-dumping and anti-subsidy measures for cane sugar products originating from Thailand is currently being reduced due to the impact of sugar imported from 5 countries. above mentioned.
In order to ensure a fair competitive environment between domestically produced goods and imported goods, sugar imported from the above 5 countries using Thai sugar materials will be subject to the same anti-dumping tax rate. and anti-subsidy are applied to Thai sugar with a total tax rate of 47.64%, of which anti-dumping tax is 42.99% and anti-subsidy tax is 4.65%. Sugar imported from 5 countries, if proven to be produced from sugarcane harvested in these countries, will not be subject to anti-circumvention measures.
Measures against circumvention of trade remedies will take effect 7 days after the decision is issued until June 15, 2026, unless it is changed or extended according to other decisions of the Government. Ministry of Industry and Trade. Interested parties can submit a request to the Ministry of Industry and Trade to review the application of measures to prevent evasion of trade remedies in Articles 82 and 90 of the Law on Foreign Trade Management and Chapter IV of Decree No. detailing a number of articles of the Law on Foreign Trade Management on trade remedies.
In the coming time, the Ministry of Industry and Trade will continue to coordinate with the Ministry of Agriculture and Rural Development, the General Department of Customs and relevant agencies to monitor the impact of trade remedy measures, production … to deploy appropriate management tools as prescribed. The objective is to ensure a fair, equal and harmonious competitive environment for the interests of sugarcane farmers, sugar producers, sugar consumers and consumers.
T&G Import-Export Joint Stock Company
Address: 352 Hue Street, Le Dai Hanh Ward, Hai Ba Trung District, Hanoi
Hotline: 02473010868
Email: hrm@tginterjsc.com
Website: http://tgimportexport.com