| The Board on Tariffs and Trade is inviting public comment on the draft anti-dumping regulations that were published in the Government Gazette, No 24600.of 28 March 2003. This includes comment from stakeholders such as business and labour.
The draft regulations, which flow from the recently promulgated International Trade Administration Act, 71 of 2002, provide the following:
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Procedural and substantive framework for anti-dumping.
- Definition of key concepts such as “product”, “domestic industry”, and “related parties”, as well as “material injury” and “causality”
- Greater elucidation of “normal value” and “export price”
- Oral hearing of interested parties in investigations
- Imposition of anti-dumping duties if relevant dumping causes material injury to the SACU industry
- Imposition of lower margin of dumping and injury margin in instances where the interested parties co-operated in the Board’s investigation
- Stipulation that the Board must make the verification report available to all interested parties and clearly outline procedures for various parties and the Board in investigations
- Deadlines for parties to submit their views
- Procedures for various reviews, including interim and “sunset” reviews
This is expected to provide greater transparency and certainty, and contribute to greater efficiency during the conducting of investigations.
The regulations will apply to counter (anti-subsidy) investigations until separate regulations for countervailing are drafted as the same concepts and procedures apply to both types of investigations. The Board will also begin to draft safeguard regulations that provide the framework for investigations that are conducted in instances where a surge of imports causes material injury to the relevant SACU industry.
Copies of the draft regulations are available from the Government Printer or may be obtained electronically from the Director: Trade Remedies Policy on gustavb@dti.pwv.gov.za. Interested parties are invited to submit their comments to the Director: Trade Remedies Policy, fax (012) 428 7736 or gustavb@dti.pwv.gov.za before 16 May 2003.
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