Last update: 09.07.2011
EU states back extending U.S. biodiesel duties-sources
Source : reuters.com
European Union governments on Thursday approved the extension of import duties on U.S.-made biodiesel after hearing evidence that U.S. exporters have been evading EU tariffs by shipping via Canada, sources said. Representatives of EU countries gave majority backing to extend duties worth up to about 400 euros per tonne to biodiesel arriving from Canada, the sources said. The vote follows a year of investigations prompted by suspicions that U.S. exporters were smuggling their goods into the EU via third countries to avoid the tariffs. The duties, which should stay in place until 2014, aim to counteract what the EU says are illegal U.S. subsidies for biodiesel blenders and illegal pricing by exporters.
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1 April 2011 |
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