Latest news with #Countervailing
Observer
24-05-2025
- Business
- Observer
Oman imposes anti-dumping duties on tile imports from China, India
MUSCAT: Starting May 29, Oman will begin applying anti-dumping duties on ceramic and porcelain tile imports from China and India at all customs ports. The Ministry of Commerce, Industry and Investment Promotion announced the move as part of the GCC Unified Law on Anti-Dumping, Countervailing, and Safeguard Measures. Nasra bint Sultan al Habsi, Director General of Commerce and GCC committee member, said the decision follows complaints from Gulf tile manufacturers about unfairly priced imports flooding local markets. A year-long investigation, led by the GCC's technical office, reviewed the claims and concluded that dumping practices were harming local industry. Based on its findings, the GCC Permanent Committee approved the duties for a period of five years. Ahmed bin Salem al Rasbi, Director General of the Competition and Anti-Monopoly Center, described the measure as a strategic move to protect the competitiveness of national industries. He noted that dumping distorts prices and undermines local manufacturers, while the new duties will promote fair trade, enhance product quality, expand local production, and generate jobs. 'This step ensures price stability and protects consumers in the long run by encouraging local investments and guarding against monopolistic practices,' he added. Khalid bin Issa l Ameri, head of Consumer Services and Market Control at the Consumer Protection Authority, said the Authority is actively monitoring the implementation of the duties. Inspections of tile retailers are being intensified to ensure price compliance and detect any irregularities. He warned that legal action will be taken against violators and urged suppliers to follow the law. Consumers are encouraged to report any misconduct related to tile pricing or sales. — ONA
New Straits Times
14-05-2025
- Business
- New Straits Times
Anti-dumping duties on steel, tinplate 'a bit late but apt to protect local industry'
KUALA LUMPUR: Malaysia is somewhat late in implementing anti-dumping duties on steel imports from South Korea and China, an economist said. Nusantara Academy for Strategic Research senior fellow Dr Azmi Hassan also said Malaysia's decision to start imposing such duties on South Korea, China and two others from May 11 should not be seen seen as targeting certain countries. Azmi told Business Times that countries such as Vietnam, Thailand and Indonesia had introduced similar measures weeks earlier. "Their call came in response to the 25 per cent tariff imposed by United States (US) President Donald Trump in January on steel and iron products exported to the US," he said. In March, US Commerce Secretary Howard Lutnick reaffirmed that the United States intends to implement a 25 per cent tariff on all aluminum and steel imports starting March 12. "Following that executive order, steel from China, South Korea and Japan began flooding the Malaysian market at very low prices, effectively being dumped here, which poses a serious threat to our local steel and iron industry," Azmi said. He, however, said this would not hurt Asean Plus Three (APT) relations, as other Asean countries had already implemented similar anti-dumping policies before us. "Malaysia's move should not be seen as targeting China, South Korea or Japan specifically. It's simply a necessary step to protect our domestic industry in light of the trade distortion triggered by the US tariff decision," he added. On Tuesday, Malaysia moved to impose definitive anti-dumping duties on imports of certain flat-rolled products of iron or non-alloy steel originating from China, India, Japan and South Korea. According to the Investment, Trade and Industry Ministry, the decision follows an investigation conducted under the Countervailing and Anti-Dumping Duties Act 1993 and the corresponding Regulations of 1994. The investigation was launched in response to a petition submitted by Perusahaan Sadur Timah Malaysia Bhd, representing the domestic producers of the affected products. Definitive anti-dumping duties have been imposed at rates ranging from 4.48 per cent to 20.42 per cent for China, 27.88 per cent for India, 15.74 per cent to 36.80 per cent for Japan, and 21.60 per cent to 35.43 per cent for South Korea. The ministry said the Customs Department will implement the collection of these duties on the affected imports for a period of five years, starting from May 11 this year until May 10, 2030. "With the imposition of anti-dumping duties on the imports of subject merchandise from the alleged countries, it is expected that the effects of unfair trade practices will be addressed," it said.
Observer
25-04-2025
- Business
- Observer
Anti-dumping duties on certain tiles from India, China
Muscat: Anti-dumping duties will be imposed from May 29 at all customs ports on imports of ceramic and porcelain tiles originating in or exported from the People's Republic of China and the Republic of India, falling under customs code 6907, except products classified under subheading 69073000, the Ministry of Commerce and Investment Promotion said on Friday. This measure will remain in effect until the issuance of the final review decision, which is expected to be published in the first quarter of 2026. The implementation of this measure is under the Unified Law on Anti-Dumping, Countervailing, and Safeguard Measures for the GCC States, and its Executive Regulations, issued by Royal Decree No. 20/2015. Further details can be found in the official decision published in Issue No. 49 of the Official Gazette of the Technical Secretariat for Anti-Injurious Practices in International Trade, available on the Secretariat's official website.
Observer
24-03-2025
- Business
- Observer
Anti-dumping duties on certain imports from China
Muscat: The Ministry of Commerce, Industry, and Investment Promotion (MOCIIP) has announced that the Gulf Cooperation Council (GCC) countries will impose anti-dumping duties on imports of electrical connectors, switches, and plugs for voltages not exceeding 1,000 volts, originating in or exported from the Republic of China. These products fall under the customs tariff codes (853669, 853650, 85444291, 85444221). The duties will take effect from June 8, 2025, for five years, under the details outlined in the decision published in Issue No. (47) of the Official Gazette of the Technical Secretariat for Anti-Injurious Practices. The Gazette is available on the website of the General Secretariat of the Gulf Cooperation Council (GCC) at The decision to impose these duties is based on a complaint filed by the Gulf industry under the Unified Law (Regulation) on Anti-Dumping, Countervailing, and Safeguard
Muscat Daily
24-03-2025
- Business
- Muscat Daily
GCC imposes anti-dumping duties on Chinese electrical products
Duties will be effective June 8, 2025, for five years Abu Dhabi, UAE – The Gulf Cooperation Council (GCC) countries have announced the imposition of final anti-dumping duties on imports of electrical connections, switches, and plugs originating from China. The duties will apply to products with a voltage not exceeding 1000 volts and are set to take effect from June 8, 2025, lasting for a period of five years. The decision, which was made in response to a complaint filed by the Gulf industry, concerns imports classified under customs codes 853669, 853650, 85444221, and 85444291. These actions are in line with the GCC's Unified Law for Anti-Dumping, Countervailing, and Safeguard Measures, as outlined in Royal Decree No. (2015/20). The details of the decision were published in the Official Gazette of the Technical Secretariat for Combating Harmful Practices, No. (47), and are available on the General Secretariat of the GCC's official website. This move aims to protect local industries within the GCC from unfair trade practices and maintain a level playing field in the market.
