Temporary safeguard measure on DAP, MAP fertilisers launched
The Ministry of Industry and Trade (MoIT) recently issued Decision No.3044/QD-BCT applying temporary safeguard measures against diammonium phosphate (DAP) and monoammonium phosphate (MAP) fertilisers.
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The ministry will levy a temporary duty of nearly VND1.9 million (US$83.5) per tonne of several types of those fertilisers from August 19.
The measure will last for a maximum of 200 days. It will end after March 6, 2018 or when the MoIT applies official safeguard measures.
On April 13, 2017, the Vietnam Competition Authority under the MoIT received requests from DAP-Vinachem Limited Company and DAP No.2-Vinachem Joint Stock Company for protective measures on DAP fertilisers imported from foreign countries as imports were harming domestic production.
