A filling station in Jakarta, Indonesia (Photo: AFP/VNA)Jakarta (VNA) - The Indonesian government has arranged and prepared alawsuit to the World Trade Organisation (WTO) on the US’s high anti-dumpingtariff on bio-diesel imports from Indonesia, a senior trade official said.
Director for TradeSecurity under the Indonesian Ministry of Trade Pradnyawati Pambagyo said onApril 26 that Indonesian export companies have submitted the appeal to the UScourt and now the firms are waiting for the decision of the court.
He stressedthat the Indonesian Government and the companies are ready to seek justice tothe highest level. The ministry willalso file a lawsuit to the WTO if the court decision remains seriously harmingIndonesia's bio-diesel shipments to the US.
On April 9,the US International Trade Commission (USITC) increased the already steepanti-dumping tariff and countervailing duty on biodiesel imports from Indonesiafrom 126.97 to 341.38 percent, essentially making it almost impossible for theIndonesian bio-diesel product to enter the US market.
Export ofIndonesia's bio-diesel grew 47.31 percent on average from 2014 to 2016,according to the ministry.
However, thereis no more growth of bio-diesel export to the US due to the high anti-dumpingtariff, it said.
The SoutheastAsia's biggest economy is the world's largest producer of crude palm oil withits palm oil plantation of 14.03 million hectares.
On March 16, Indonesiawon a bio-diesel dispute against the European Union at the World Trade Organisation,leading the EU’s abolishment of its anti-dumping tariff on Indonesian biodieselexport to the bloc.-VNA
VNA
