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Existing US orders on Vietnamese laminated woven sacks import continue

08 Nov '24
1 min read
 Existing US orders on Vietnamese laminated woven sacks import continue
Pic: Adobe Stock

Insights

  • The US International Trade Commission yesterday determined that revoking the existing anti-dumping and countervailing duty orders on laminated woven sacks from Vietnam would likely lead to continuation or recurrence of material injury within a reasonably foreseeable time.
  • As a result, the existing orders on imports of these products from Vietnam will remain in place.
The US International Trade Commission (USITC) yesterday determined that revoking the existing anti-dumping and countervailing duty orders on laminated woven sacks from Vietnam would likely lead to continuation or recurrence of material injury within a reasonably foreseeable time.

As a result, the existing orders on imports of these products from Vietnam will remain in place, USITC said in a release.

The action came under the five-year (sunset) review process required by the Uruguay Round Agreements Act.

The Act requires the US department of commerce to revoke an anti-dumping or countervailing duty order, or terminate a suspension agreement, after five years unless the department and USITC determine that revoking the order or terminating the suspension agreement would likely lead to continuation or recurrence of dumping or subsidies and of material injury within a reasonably foreseeable time.

The sunset reviews concerning laminated woven sacks from Vietnam were instituted on May 1, 2024.

Fibre2Fashion News Desk (DS)

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