Canada urged to abide by WTO norms on anti-dumping issues
Central News Agency
2014-06-27 11:26 PM
Taipei, June 27 (CNA) Taiwan's Ministry of Economic Affairs said Friday that it has urged Canada to abide by the norms of the World Trade Organization (WTO) on anti-dumping issues, lifting excessive duties imposed on Taiwanese companies. The Canadian government did not follow WTO anti-dumping guidelines in imposing anti-dumping duties as high as 54.2 percent on two Taiwanese firms whose dumping margin on carbon steel welded pipes was found to be less than 2 percent, the ministry contended. The ministry said it filed a request on June 25 for consultations with Canada and the WTO on resolving the dispute. Under the Dispute Settlement Understanding, Canada should reply within 10 days after receiving the request and conduct consultations within 30 days, unless the both sides agree to change the date. Canada imposed anti-dumping duties against companies found selling their products in Canada below market value, known as dumping, in December 2012 following investigations in May that year. Taiwan's exports of carbon steel welded pipes to Canada totaled US$19 million in 2011, but dropped to US$11 million in 2012 and some US$5 million in 2013 because of the punitive duties. (By Huang Chiao-wen and James Lee)
Advertisement »
HOME |  WORLD |  Politics |  Business |  Sports |  TAIWAN |  Technology |  Health |  Society |  OPINION |  E-Paper
  • Taiwan News  ©  2016 All Rights Reserved.