Vietnam requests investigation into Thai sugar’s trade remedy evasion
VOV.VN - The Ministry of Industry and Trade (MoIT) received requests on September 1 from the Vietnam Sugar Association and six domestic producers for an investigation into the trade remedy evasion for cane sugar products which originate from Thailand.
Though Vietnam recently enforced anti-dumping and anti-subsidy duties on cane sugar imported from Thailand, there are signs that these products pass through ASEAN members such as Cambodia, Indonesia, Malaysia, and Myanmar before they enter Vietnam in order to evade trade remedies.
Most notably, the sugar import turnover from ASEAN member nations, with the exception of Thailand, has increased sharply.
Earlier, the MoIT on June 15 imposed anti-dumping and anti-subsidy duties of 42.99% and 4.65%, respectively, on several sugar products originating from Thailand.
At present, the MoIT has actively co-ordinated with the Vietnam Sugar Association to strictly monitor the import situation and collect information for a further investigation into the case.
