The Sun (Malaysia)

Indonesia wins appeal against EU biodiesel anti-dumping duty

-

JAKARTA: Indonesia has won an appeal against the European Union (EU) in a dispute over the bloc’s anti-dumping duty on biodiesel, the Ministry of Trade said in a statement yesterday.

The European Court of Justice, the EU’s highest court, ruled that the bloc must do away with antidumpin­g duties of between 8.8% and 23.3% on imports of Indonesian biodiesel products.

Indonesia is one of the world’s largest exporters of palm oil-based biodiesel.

“With the eliminatio­n of these duties, businesses can once again export biodiesel to the EU,” said Oke Nurwan, director-general of foreign trade at the Indonesian trade ministry.

He added that the eliminatio­n of duties was valid from March 16.

The Indonesia Biofuel Producers Associatio­n welcomed the ruling.

“We’re asking producers to prepare exports soon,” said Paulus Tjakrawan, vice-chairman of the associatio­n. He declined to give an estimate on expected export volumes.

The EU court ruling reinforces a decision made by the World Trade Organisati­on (WTO) earlier this year, which said the EU needed to bring its measures into conformity with WTO agreements.

Indonesia also plans to challenge anti-subsidy duties in the United States in a US court and at the WTO. – Reuters

Newspapers in English

Newspapers from Malaysia