Liquid sugar is one of
the additives used to sweeten in food processing, widely used in the processing
of fast food, bottled food, etc. On May 21st, 2020, the Trade
Remedies Administration (Investigating Authority) received a request to apply anti-dumping measures on liquid sugar extracted from corn starch (HFCS) originating from China and Korea imported into Vietnam from the representative
of the Domestic Sugar Industry (the Requesting Party).
On June 29th, 2020, the Ministry of Industry and Trade issued Decision No.
1715/QD-BCT conducting an investigation on the investigation and application of
anti-dumping measures on liquid sugar extracted from corn starch (HFCS) from
China and Korea (Case No. AD11).
The investigation results
show that HFCS liquid sugar products imported from China and Korea are being
dumped in the Vietnamese market and have significantly damaged the domestic
industry. However, the causal relationship between the dumping behavior of the
investigated goods imported from China and Korea and the damage to the domestic
industry has not been clearly shown.
Therefore, according to
the provisions of Point b, Clause 3, Article 71 of the Law on Foreign Trade
Management, the investigating agency proposed the Minister of Industry and
Trade to stop investigating the case and not apply dumping measures on goods
imported goods under investigation.
On October 07th, 2021, the Minister of Industry and Trade issued a Notice
attached to Decision No. 2274/QD-BTC on termination of the investigation and
non-application of anti-dumping measures for liquid sugar extracted from corn
starch originating from the People’s Republic of China and the Republic of
Korea.
If Client needs any more information or request for legal advice or potential dispute regarding trade remedies measures including, anti-dumping, countervailing duty and safeguard measures or international trade dispute matters, our competition, anti-dumping, and countervailing duty lawyers in Vietnam of International trade and tax practice at ANT Lawyers, an Anti-dumping law firm in Vietnam always follow up anti-dumping cases and its development to update clients on regular basis.
Source ANTLawyers: https://antlawyers.vn/library/request-to-apply-anti-dumping-measures-on-liquid-sugar-extracted-from-corn-starch-hfcs-from-china-and-korea.html
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