European Commission thinking to reinstate anti-dumping duties on Argentine biodiesel

In Belgium, Reuters reports that the European Commission is thinking of again imposing anti-dumping duties on Argentine biodiesel imports following complaints by the European biodiesel industry saying they are still at risk of anti-competitive behavior from Argentina. The proposed definitive anti-dumping duties would be between 25% and 33.4% but the proposal needs to be approved by EU member states. The European biodiesel industry applauded the move even though it has not yet been approved for implementation.