|16 Jan 2017||Initiation|
ANNOUNCED AS TEMPORARYNo
The herbicides are classified under code 389803 of the Common Nomenclature for Foreign Economic Activity of the Eurasian Economic Union.
During the period 2013-2015, the volume of imports of herbicides from the EU increased by 9.5% and a further 10.5 % in the first half of 2016, compared to the first half of 2015. During the analysed period, the share of imports from the EU in the total imports was significant--on average around 50%.
From July 2015 to June 2016, the herbicides from the EU were found to have been exported at dumping prices. According to preliminary estimates, the dumping margin was as high as 361,98 %.
These facts contributed, it has been argued, to the negative development of the supranational market of herbicides of the Eurasian Economic Union. They motivate the initiation of an anti-dumping investigation at the request of several companies of Russia, Belarus, and Kazakhstan.
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