| Companies |
 |
PPG Canada Inc. announces that it will not appeal the Canadian International Trade Tribunal decision
|
PPG Canada Inc. announced today that it will not
appeal the Canadian International Trade Tribunal (CITT) decision regarding dumped Chinese automotive replacement glass (ARG) windshields.
On July 31, 2002, the Canada Customs and Revenue Agency (CCRA) found that nearly half of Chinese windshields were dumped with a weighted average margin of dumping of more than 20 percent. On Aug. 30, the CITT concluded that the dumping of Chinese windshields has not caused material injury and is not threatening to cause material injury to PPG and the Canadian industry.
Although the United States recently imposed antidumping duties on Chinese windshields, and Canadian imports of Chinese windshields tripled between 1999 and 2001, the CITT accepted the evidence of Chinese exporters who argued that increased windshield sales in China would limit their capacity to increase their exports to Canada.
"While we are disappointed with the decision, PPG has decided not to file an application for judicial review because we are deferring to the CITT's finding that windshield imports from China will continue to enter Canada at volumes comparable to those of today", said Ross Rutherford, director, sales and distribution, ARG Canada Glass Group.
However, Rutherford said that PPG will continue to closely monitor Chinese imports and the impact of the American antidumping duties on the Canadian market. "If Chinese windshield imports do not continue to enter Canada at volumes comparable to those of today, safeguard measures may be
warranted," he said.
New safeguard measures were recently enacted by the Government of Canada as a result of China's accession to the World Trade Organization (WTO). These
measures are designed to counteract rapid increases in the importation of Chinese products and they apply to both dumped and undumped Chinese goods.
|
October 18th, 2002
Source: Newswire |
Add a Comment
|
You have to be registered in order to add your comment.
If you already have an account, please sign-in to comment.
|
|
|
|
