ANNOUNCEMENT 03 Apr 2014
In April 2014, the government of Peru initiated a new anti-subsidy investigation and a definitive duty was imposed in January 2016. In September 2020, a sunset review was initiated and the definitive duty was extended for a new period in November 2021.
NUMBER OF INTERVENTIONS
National Institute of Antitrust and Intellectual Property Protection (INDECOPI), Dumping Commission, Resoluci?n No. 081-2014/CFD-INDECOPI, 21.07.2014:
National Institute of Antitrust and Intellectual Property Protection (INDECOPI), Dumping Commission, Resoluci?n No. 011-2016/CDB-INDECOPI, 28.01.2016: https://www.indecopi.gob.pe/documents/51763/210027/Res+011-2016.pdf/9d35...
National Institute for the Defense of Competition and Protection of Intellectual Property Antidumping and Countervailing Duties Commission, Resolucion N° 265-2021/CDB-INDECOPI, issued on 03 November 2021: https://cdn.www.gob.pe/uploads/document/file/2358456/Resoluci%C3%B3n%20N%C2%B0%20265-2021-CDB-INDECOPI.pdf
On July 21, 2014, the Peruvian National Institute of Antitrust and Intellectual Property Protection (Indecopi) decided to initiate an anti-subsidy investigation on imports of pure biodiesel B100 from Argentina (Resolution No. 081-2014/CFD-INDECOPI, 21.07.2014). The product subject to investigation is classified under the following HS code: 3826.0000. The complaint was lodged on April 3, 2014 by Industrias del Espino S.A. The investigation started on the day of the publication of the resolution in the Official Journal El Peruano, i.e. on July 28, 2014.
On 29 January 2016, the Peruvian authorities imposed a definitive countervailing duty on imports of the above product from Argentina (Resolution No. 011-2016/CDB-INDECOPI, 28.01.2016). The amount of the definitive duty is between USD 15.4 and 208.2 per metric ton depending on the company. The duty is in force for a period of five years.
On 10 September 2020, the Peruvian authorities initiated a sunset review of the definitive duty imposed on imports of the subject good from Argentina. This follows the application lodged on 27 May 2020 by Heaven Petroleum Operators S.A.
On 3 November 2021, the Peruvian authorities issued a regulation extending the definitive duty imposed on imports of pure biodiesel B100 from Argentina following the conclusion of the sunset review. The rate of duty ranges from USD 15.4 and 208.2 per metric ton depending on the company. The duty is in force for a period of five years.