Trade Resources Industry Trends WTO Plans to Establish a Panel Regarding China's Decision

WTO Plans to Establish a Panel Regarding China's Decision

Japan's Ministry of Economy, Trade and Industry (METI) has stated that the World Trade Organization (WTO) has agreed to Japan's request to establish a panel regarding China's decision to impose an anti-dumping (AD) duty on certain high-performance stainless steel seamless tubes (HP-SSST) imported from Japan.

The Japanese authorities suggest that the anti-dumping duty imposed by China is inconsistent with the WTO Anti-dumping Agreement because of flaws in the determination of injury and a causal relationship between the dumped imports and the injury and due to flaws in the investigation procedure.

The METI recalled that China imposed an anti-dumping duty ranging between 9.2 and 14.4 percent on Japanese companies regarding certain HP-SSST exported from Japan to China for five years beginning on November 9, 2012.

According to WTO regulations, if consultations fail to settle a dispute, based on the request from the complaining party, the WTO panel examines the matter and gives rulings regarding its consistency with the WTO Agreement. A party that is not satisfied with the panel rulings may appeal to the WTO Appellate Body.

Source: http://www.steelorbis.com/steel-news/latest-news/wto-panel-to-examine-chinas-ad-duty-on-certain-stainless-steel-pipes-from-japan-761398.htm
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WTO Panel to Examine China's AD Duty on Certain Stainless Steel Pipes From Japan
Topics: Metallurgy