Brazil: Antidumping investigation on imports of ferrite magnets from China
On May 26th, 2010 Brazil through its “Câmara de Comércio Exterior” (CAMEX) made public its decision to continue the application of antidumping duties for more 5 years on the imports of ferrite magnets (ceramic) in ring form from China. The product is classified under the code 8505.19.10 of the Mercosur Common Nomenclature (NCM).
The ad valorem antidumping duty applied is of 43% over the CIF value of the imported goods. This decision was reached after the termination of an antidumping review initiated by Brazil on June 6th, 2009. The present antidumping duty was maintained in the same level as the one applied before by the previous review, in force since June 3th, 2004.
Any Evidence-Based Deliberation:
The Decision to terminate the review was taken on the basis of the elements of proof and analysis contained in the Annex of RESOLUÇÃO Nº 37.
|Is there anything in the public record to suggest that evidence of the effectiveness of the proposed measure was considered during official deliberations?||No|
|Is there any evidence that alternatives to the proposed measure were considered?||No|
|Is there anything in the public record that suggests that empirical evidence informed the comparison across the alternatives available to government?||No|
|Was such evidence identified?||No|
|Is such evidence publicly available?||No|
|Did the official decision-maker in question provide an explanation as to why a chosen measure was favoured over alternatives?||No|
|Is there any evidence to suggest that potentially affected trading partners were consulted before the measures were taken?||No|
|Is there any evidence that safeguards have been put in place to ensure that implementation of the initiative is transparent and non-discriminatory?||No|
|Did the government state its intention to review the measure within one year of implementation?||No|
Date Discovered: 26/05/2010
Date of inception: 26 May 2010
Duration: 60 months
GTA Evaluation: Red
Resolution Nº 37 from May 26th, 2010- http://www.mdic.gov.br/arquivos/dwnl_1274970334.pdf.
Government Response: The government issued the measure