The Ministry of Productive Development confirmed the application of a definitive ad valorem duty calculated on the FOB export values of forty-two percent (42%) to imports of gloves originating in several Asian countries, having proven that the subsidy and dumping practices on said imports caused significant damage to the national production branch.
This is established by Resolution 21/2021, published this Thursday (04.02.2021/XNUMX/XNUMX) in the Official Gazette, whose text indicates that, “Within the framework of an investigation for dumping, of gloves, made of one hundred percent (100%) knitted textile material, coated or covered, even partially, with latex or nitrile”, originating in the People's Republic of China, the Republic of India, the People's Republic of Bangladesh, the Democratic Socialist Republic of Sri Lanka and the Federation of Malaysia, merchandise that is classified in the tariff position of the Common Nomenclature of MERCOSUR (NCM) 6116.10.00, the Ministry of Productive Development proceeded to establish a definitive ad valorem duty calculated on the FOB export values of forty-two percent (42%).
Previously and based on prior technical analyses, the National Foreign Trade Commission understood that if the application of a definitive measure is decided, "it is the opinion of this Commission that it should consist of an ad valorem duty, in an amount equivalent to the damage margin, of 42% on imports of gloves, made of 100% knitted textile material, coated or covered, even partially, with latex or nitrile" originating in the People's Republic of China, the People's Republic of Bangladesh, the Democratic Socialist Republic of Sri Lanka and the Federation of Malaysia and an ad valorem duty of 35,06% for the Republic of India."
In this regard, the investigation was closed and the ad valorem duty was determined; a measure that will come into effect from the date of its publication in the Official Gazette, for a period of five (5) years.
It should be noted that dumping exists when a product is exported at a price lower than that at which it is sold in the domestic market of the country of origin. The mere existence of dumping is not sufficient to be able to apply measures; it is necessary to determine the existence of damage to national production and that this damage is caused by the dumped imports.
Aduana News is the first Argentine customs newspaper to launch its digital version. With 20 years of experience, its publications and initiatives aim to provide the most relevant knowledge on customs issues in order to contribute to safe trade in the region.
