Peru Indecopi Finally Ruled That No Countervailing Duty On Cotton Would Be Imposed On The United States.

Last year, "a href=" http://sjfzxm.com/news/index_c.asp "Indecopi" /a "launched a countervailing investigation of US cotton. In recent years, because of the fact that the international trade situation is not optimistic, the demand for traditional export market is sluggish, and the adjustment and upgrading of domestic industry is difficult.

Following the launching of the investigation of < a href= "http://sjfzxm.com/news/index_c.asp > US cotton < /a >, anti-dumping investigations were carried out on clothing and accessories products of up to 276 tax numbers in the same period. The secret competition and Intellectual Property Protection Bureau (Indecopi) recently issued a ruling. Now let's know the details with Xiaobian!" /p >

< p > secret state competition and Intellectual Property Protection Bureau (Indecopi) recently issued "a href=" http://sjfzxm.com/news/index_c.asp ">" /a > ". It does not impose a href=" http://sjfzxm.com/news/index_c.asp "and" countervailing duty "on the US cotton. The reason is that there is no causal relationship between the US subsidies for its cotton and the damage of the local cotton industry. The real reason for the damage to the secret industry is the depreciation of the US dollar during the period from 2006 to 2011 and the reduction in the tariff of the US cotton export to the secret since 2009.

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< p > last year, the a href= "http://sjfzxm.com/news/index_c.asp" > Secret Indecopi < /a > launched the countervailing investigation of the US cotton. The survey was based on the domestic sales volume of "a" href= "http://sjfzxm.com/news/index_c.asp" > cotton < /a > from 2006 to 2011, and the output dropped to 45 thousand tons, when the market share of the real estate business dropped by 27%.

Meanwhile, the import of cotton from the United States increased by 106% compared with the same period last year, and the import price was lower than the local production price.

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< p > in recent years, due to the fact that the international trade situation is not optimistic, the demand for traditional export market is sluggish, and the adjustment and upgrading of domestic industry is difficult.

Under this situation, the secret trade protectionism is rising frequently and the secret investigation organization is often difficult. After the investigation of American cotton, the a href= "http://sjfzxm.com/news/index_c.asp" and the antidumping investigation of up to 276 tax numbers in the same period have been launched in the same period. This year, the investigation on the hot rolled steel tube was started, and the purpose of protecting the local industry was obvious.

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< p > < strong > related links < /strong > < /p >

< p > < strong > Peru will not impose countervailing duty on cotton in the United States < /strong > /p >

< p > > a href= "http://sjfzxm.com/news/index_c.asp" > Peru competition and intellectual property protection < /a > (INDECOPI) National Defense Research Institute has announced that there is no need to implement countervailing measures to import cotton in the United States, because the damage to domestic cotton production is caused by other reasons, not from the United States imported cotton.

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< p > according to the statement issued by INDECOPI, after a thorough and thorough investigation, INDECOPI < a href= "http://sjfzxm.com/news/index_c.asp" > anti-dumping "/a" and subsidies (CFD) committee concluded that according to the agreement of the world trade organization, the legal requirements were not satisfied, that is, the anti-dumping measures against imported cotton in the United States were not applicable.

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< p > in accordance with the WTO agreement, only after verification can the compensatory measures be implemented, that is, the import of a country's manufactured goods, whose price is subsidized by the government, which directly damages or affects the manufacture of the importing country's domestic industry or the same commodity.

If the loss is caused by other factors rather than imports, countervailing measures can not be implemented.

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< p > according to INDECOPI's survey of < a href= "http://sjfzxm.com/news/index_c.asp > > US cotton < /a >, we found that Peru's domestic industry suffered substantial damage in 2006-2011 years.

However, the conclusion is that the damage is not due to the US government's subsidy to cotton imports, but rather other factors, such as the depreciation of the US dollar and the abolition of tariffs in 2009.

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< p > in accordance with the agreements and international commitments made by Peru, as a result of this conclusion, INDECOPI has officially completed the investigation which began in June 2012 to meet the continuity of regulatory role and ensure the normal operation of the market without distortion. < /p >

< p > August 2013, < a href= "http://sjfzxm.com/news/index_c.asp" > INDECOPI < /a > suggested that 10% anti subsidy tax be imposed on US cotton imports and anti-dumping measures on Chinese clothing imports, because domestic garment producers and cotton producers were adversely affected by these imports.

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< p >, however, < a href= "http://sjfzxm.com/news/index_c.asp" > Peru Exporters Association < /a > (ADEX), industrial state Association (SNI) and Peru Foreign Trade Association (ComexPeru) are opposed to implementing these measures. They say that the countervailing duty on US cotton imports will affect Peru's a href= "http://sjfzxm.com/news/index_c.asp" > clothing, export and Peru's trade and tariff policy.

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