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EU exec eyes dumping duty on US biodiesel-sources
19 Feb 2009 10:16:07 GMT
 Source: Reuters
BRUSSELS, Feb 19 (Reuters) - The European Commission plans to propose anti-dumping and anti-subsidy duties on imports of biodiesel from the United States, sources familiar with the proposal said on Thursday.

The anti-dumping duties would range from 2 euros ($2.50) to 19 euros per 100 kilograms and the anti-subsidy duties from 23 to 26 euros per 100 kg, the sources told Reuters.

The Commission, which oversees trade policy for the 27-country European Union, is due to propose the measures at a meeting next month of EU national trade officials, known as the anti-dumping committee.

In April last year, EU biodiesel producers complained that they were being hammered by U.S. subsidies that they said distorted the growing international trade in plant-based fuels. ($1=.7938 euro) (Reporting by Darren Ennis, editing by Dale Hudson)


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Last updated:Thu Feb 19 10:18:54 2009