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Temporary safeguard measure on DAP, MAP fertilisers launched

The Ministry of Industry and Trade (MoIT) recently issued Decision No.3044/QD-BCT applying temporary safeguard measures against diammonium phosphate (DAP) and monoammonium phosphate (MAP) fertilisers.
Temporary safeguard measure on DAP, MAP fertilisers launched ảnh 1The MoIT will apply temporary safeguard measures against diammonium phosphate (DAP) and monoammonium phosphate (MAP) fertilisers from August 19. (Photo: VNA)

Hanoi (VNA) – The Ministry of Industry and Trade (MoIT) recentlyissued Decision No.3044/QD-BCT applying temporary safeguard measures against diammoniumphosphate (DAP) and monoammonium phosphate (MAP) fertilisers.

The ministry will levy a temporary duty of nearly 1.9 million VND (83.5 USD)per tonne of several types of those fertilisers from August 19.

The measure will last for a maximum of 200 days. It will end after March 6,2018 or when the MoIT applies official safeguard measures.

On April 13, 2017, the Vietnam Competition Authority under the MoIT receivedrequests from DAP-Vinachem Limited Company and DAP No.2-Vinachem Joint Stock Companyfor protective measures on DAP fertilisers imported from foreign countries asimports were harming domestic production.-VNA

VNA
#The Ministry of Industry and Trade#temporary safeguard measures#DAP and MAP fertilisers#temporary duty of nearly 1.9 million VND#Vietnam Competition Authority#DAP-Vinachem Limited Company and DAP No.2-Vinachem Joint Stock Company
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