Trade ministry extends anti-dumping probe into polyester filament yarn
Trade ministry extends anti-dumping probe into polyester filament yarn
The Ministry of Industry and Trade has issued Decision No. 864 extending its investigation into the application of anti-dumping measures on a number of polyester filament yarn products originating from China, India, Indonesia and Malaysia.
Dyed polyester filament yarns. The Ministry of Industry and Trade has decided to extend its investigation into the application of anti-dumping measures on a number of polyester filament yarn products originating from China, India, Indonesia and Malaysia – PHOTO: MOIT
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Earlier, the ministry had issued Decision No. 1,079 on the investigation and application of anti-dumping measures on these products originating from the countries mentioned above, reported Bnews news site.
According to Clause 3, Article 70, of the Law on Foreign Trade Management, the investigation to adopt anti-dumping measures will conclude within 12 months since the date the investigation begins or on April 6 this year. However, in some extraordinary circumstances, the ministry has the right to extend the investigation for another six months.
To have more time to address arising problems as well as to ensure the investigation is carried out in a comprehensive and objective manner, the ministry decided to extend it for six more months and will wrap up the work on October 6 this year.
