Peruvian competition watchdog contines with Argentine biodiesel anti-dumping duties

In Peru, the National Institute for the Defense of Competition and the Protection of Intellectual Property (Indecopi) dismissed questions about the initiation of an examination procedure due to the expiration of measures to the anti-dumping duties imposed on imports of biodiesel, which began in September of 2020.

According to Resolution No. 265-2021 / CDB-INDECOPI, published November 3, the Commission on Dumping, Subsidies and Elimination of Non-Tariff Trade Barriers (CDB) did not admit the questions raised by the Argentine Chamber of Biofuels and the Argentine government.

In this way, the autonomous body maintains for a period of five years, the validity of the compensatory duties imposed on Argentine biodiesel imports. Said period will be counted as of January 29, 2021, the expiration date of the period of validity of the countervailing duties in question, as established in 2016.