NZ: Concerns over changes to dumping law
Heinz Wattie and Hawkes Bay fruitgrowers have lined up against what they say would be a relaxation o…Heinz Wattie and Hawkes Bay fruitgrowers have lined up against what they say would be a relaxation of New Zealand's anti-dumping regime if Government proposals go ahead.
A Government discussion paper, the consultation period for which ended last Friday, proposed an automatic termination period (ATP) for its anti-dumping and countervailing duties.
Under the proposal, a public interest test would allow competition and consumer welfare elements to be considered before an anti-dumping or countervailing duty was imposed. An ATP would provide for the automatic termination of a duty after a set time had elapsed.
A public interest test would allow competition and consumer welfare elements to be considered before an anti-dumping or countervailing duty is imposed.
The measures would introduce competition and consumer welfare elements when a decision was made to impose duties and encourage domestic industry to use the limited period when duties were in place to adjust to expected future competition from dumped goods, the paper said.
As it stands, duties are imposed over a maximum five-year time span, after which industries are entitled to apply for a continuation for another period of up to five more years.