EU postpones vote on biodiesel import duties for Argentina and Indonesia

July 30, 2017 |

In Belgium, the European Union held off on a vote that was supposed to lower duties on biodiesel from Argentina and Indonesia in response to Argentina’s challenge to the EU’s anti-dumping duties placed on biodiesel imports from Argentina and Indonesia. The vote was postponed for their next meeting on September 7.

In 2013, the EU set duties for five years of 20.5 percent for biodiesel from Indonesia and between 22 and 25.7 percent for Argentine biodiesel. The complaint filed with the World Trade Organization was upheld in 2016 with Argentina saying the EU duties were protectionist and cost Argentina $1.6 billion each year it was in place.

Category: Fuels

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