No Philippines safeguard measures on low-density polyethylene products from Vietnam: Ministry
There is no safeguard measure imposed by the Philippines on the importation of Linear Low-Density Polyethylene (LLDPE) Pellets and Granules from various countries, including Vietnam, the Vietnamese Ministry of Industry and Trade (MoIT) has announced.
Hanoi (VNA) – There is no safeguard measure imposed by the Philippines on the importation of Linear Low-Density Polyethylene(LLDPE) Pellets and Granules from various countries, including Vietnam, theVietnamese Ministry of Industry and Trade (MoIT) has announced.
It was owing to concerted efforts by the MoIT and concernedunits to gather evidence and construct arguments against complaints fromPhilippine producers based on domestic laws and interpretation of the WorldTrade Organisation (WTO) agreements.
The MoIT has also updated the Vietnam Plastics Associationand concerned Vietnamese manufacturers on the Philippines investigation.
The final decision was based on the Philippine TariffCommission’s investigation report which concluded that there was no increase inimports of LLDPE pellets and granules, both in absolute terms and relative todomestic production, during the period of investigation from 2015 to June 2021,according to a statement released by the Philippine Department of Trade andIndustry (DTI).
“Since it has been established that LLDPE pellets andgranules were not imported in increased quantities during the period ofinvestigation, the determination of serious injury or threat thereof,causation, and unforeseen developments has become moot and academic,” thestatement said.
Considering that, the commission terminated its formalinvestigation and recommended that no definitive general safeguard measure beimposed on importations of the products.
Previously, the DTI launched a safeguard investigationon high-density polyethylene (HDPE) and LLDPE pellets and granules importedfrom various countries, including Vietnam./.
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Illustration. (Photo: thoibaotaichinhvietnam.vn)
