Indonesia initiates WTO dispute consultations over EU biodiesel import duties

Countervailing duties are levied aiming to counterbalance the adverse impacts of subsidies

Indonesia has requested WTO dispute consultations with the European Union regarding the bloc's imposition of duties on imports of biodiesel from the southeast Asia nation, the global trade body said on Tuesday.

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The request was circulated to WTO members on Aug. 15, the body said, adding that Indonesia argues that the EU countervailing duties and the investigation that led to their imposition are inconsistent with WTO provisions.

indonesia initiates wto dispute consultations over eu biodiesel import duties

A logo is seen at the World Trade Organization (WTO) headquarters before a news conference in Geneva, Switzerland, on Oct. 5, 2022.  (REUTERS/Denis Balibouse/File Photo)

Countervailing duties are imposed under WTO rules with the goal of neutralising the negative effects of subsidies.

via FoxNews August 15th 2023