Argentina responds to EBB’s claim of distorted prices and tariffs

November 18, 2018 |

In Argentina, the Cámara Argentina de Biocombustibles, CARBIO, is fighting back in response to the European Biodiesel Commission which claims Argentina is distorting the export prices of its biodiesel by imposing a higher export tariffs on soybeans and soybean oil than on biodiesel.

CARBIO president Luis Zubizarreta told Clarin, “The European Commission is aware that in the present case there is no real evidence of subsidies or damages to the European biodiesel industry, and in September it chose not to impose provisional duties.” Zubizarreta also told Clarin that “the European biodiesel industry once again is urging the European Union (EU) to break the rules of global trade to protect it from more efficient foreign producers.” CARBIO asserts that the local biodiesel industry in Argentina is now cognizant of Europe’s protectionist policies and that EBB’s criticisms of Argentina’s biodiesel is unfounded and ignores the EU’s own distorted and subsidized market environment, according to Clarin.

Category: Policy

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