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ARTICLE · 23 JUNE 2015

Default drop-dead date for anti-dumping duties?

NZ anti-dumping duties may be given a specified termination period under proposals now being consulted on by the MBIE.

New ZealandInternational Law

Anti-dumping duties may be given a specified termination period under proposals now being consulted on by the Ministry of Business, Innovation and Employment (MBIE).

The change, if implemented, is likely to be fairly complex to administer and may reduce the overall effectiveness of New Zealand's anti-dumping regime.

Termination periods would be in addition to the new public interest test, recently adopted in principle by Cabinet.

Submissions are due by 26 June 2015.

Current policy

Under existing law, anti-dumping or countervailing duties run for five years but can be renewed, although a review is needed each time. There is no renewal limit, meaning that they can remain for as long as the threat of injury persists. Plasterboard duties have been in place since 1989 to guard local manufacturers against dumped Thai product. Duties on dumped tinned peaches from South Africa have existed since 1996.

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