Over 32,000 tonnes of colour-coated iron exempted from safeguard measures

Over 32,000 tonnes of colour-coated iron exempted from safeguard measures (Photo: VNA)

The Ministry of Industry and Trade (MoIT) has decided to lift safeguard measures from imports of colour-coated iron for 11 enterprises, totalling more than 32,000 tonnes, in 2019.

On May 31, 2017, the MoIT issued Decision No 1931/QD-BCT applying safeguards on colour-coated iron sheets imported from various countries and territories.

Since the decision, the MoIT’s Vietnam Competition Authority (VCA) has received dossiers requesting exemptions of safeguard measures on imported high-quality colour-coated iron for production purposes.

After appraising the dossiers, the MoIT chose to exempt safeguard measures for the production of welding materials on imports for 11 enterprises.

They include Superior Multi Packaging Vietnam Company Limited, LG Electronics Vietnam Hai Phong Company, Savican JSC, Minh Quan Food Packaging Company, Panasonic Appliances Vietnam Company Limited, Panasonic Vietnam Company Limited, Hoa Phat Refrigeration Engineering Company, Aqua Vietnam Company, Dong Anh Investment Contruction and Materials JSC, Tan Ha Education Equipment Company Ltd and Vietnam Printing And Metal Packaging JSC.

The ministry would continue to review other applications for exemptions in the future.

Enterprises exempted from safeguards must submit reports on the imports to the VCA within the first 15 days of the following quarter.

Any queries and opinions of organisations and individuals on the application of safeguard measures for imported painted steel products should be sent to Injury and Safeguards Investigation Division under the Trade Remedies Authority.