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Press Release

[Provisional Translation]
March 19, 2021

Ministry of Finance

Decision to Impose a Provisional Anti-Dumping Duty
on Dipotassium Carbonate Originating in the Republic of Korea

 Today, the Cabinet has enacted a Cabinet Order relating to a provisional anti-dumping duty on dipotassium carbonate originating in the Republic of Korea.
 The objective of enacting this Cabinet Order is to impose a provisional anti-dumping duty on dipotassium carbonate originating in the Republic of Korea, since it has been presumed that there is the fact of the importation of the dumped product and the fact of the material injury, etc., to the domestic industry caused by such importation in the investigation carried out upon receipt of an application requesting the imposition of an anti-dumping duty, and it is found necessary to protect such domestic industry.
 The Cabinet Order will be made public on March 24, 2021, and the provisional anti-dumping duty shall be imposed on the goods originating in the Republic of Korea during the period of March 25, 2021, to July 24, 2021.

Background

  •  The Ministry of Finance (MOF) and the Ministry of Economy, Trade and Industry (METI) have been conducting an investigation since June 29, 2020, to determine whether or not to impose an anti-dumping duty on dipotassium carbonate originating in the Republic of Korea.
  •  As a result of the investigation, MOF and METI made a preliminary determination in the anti-dumping investigation of the product presuming the fact of the importation of the dumped product and the fact of the material injury to the domestic industry caused by such importation. (Notice of the Ministry of Finance (No. 45, February 25, 2021).)
  •  On March 11, 2021, considering the facts found in the investigation, the Council on Customs,Tariff, Foreign Exchange and Other Transactions reported that it was appropriate to impose a provisional anti-dumping duty on dipotassium carbonate originating in the Republic of Korea. (The rate of the provisional anti-dumping duty is 30.8%.)

Reference

1. Materials for deliberation at the Council on Customs, Tariff, Foreign Exchange and Other Transactions (Japanese)

2. Report by the Council on Customs, Tariff, Foreign Exchange and Other Transactions (Japanese)

Contact

Tel: +81-(0)3-3581-4111 (Ext. 6644, 2493)
Tariff Policy and Legal Division
Customs and Tariff Bureau
Ministry of Finance