Aluminium extrusion, galvanised steel escape Australia's anti-subsidy duties

 

Hanoi (VNA) – Australia’s Anti-Dumping Commission (ADC) will not impose anti-subsidy duties on aluminium extrusion and zinc coated (galvanised) steel imported from Vietnam, according to the trade defence department under the Vietnamese Ministry of Industry and Trade.

The ADC initiated the anti-dumping and anti-subsidy investigations into the products in August and October 2016.

The department said Vietnam was accused of subsidising aluminium businesses in three programmes relating to tax incentives.

Following the investigations, the ADC said that one of the three investigated Vietnamese companies did not receive any incentives from the programmes.

The other two companies and other producers/exporters received subsidies but the margin was negligible, prompting the ADC to end the subsidy investigation.

For galvanised steel, the ADC determined that the Vietnamese companies under investigation received subsidies from only three out of 19 programmes relating to tax and investment incentives, with the amount of subsidies also negligible.

The decision in favour of the Vietnamese side bodes well for future litigation related to trade defence.-VNA