On August 18, 2023, the Management Executive Committee of the Foreign Trade Commission of the Brazilian Ministry of Development, Industry, Trade and Services issued Resolution No. 508 of 2023, deciding to continue to suspend the Final anti-dumping duties are levied on polyester fiber yarns (except sewing threads) not for retail use in China and India, including synthetic fiber monofilaments with a fineness of less than 67 decitex, and the tax suspension period is extended for up to one year until expiration If it is not re-implemented, the measure will be terminated. The Mercosur tax numbers of the products involved are 5402.33.10, 5402.33.20, and 5402.33.90. This resolution shall take effect from the date of issuance.
On March 5, 2021, the Brazilian Foreign Trade Secretariat issued Announcement No. 18 of 2021 in the “Official Gazette of the Federal Government” stating that in response to the Brazilian Association of Man-Made and Synthetic Fiber Products Application to initiate an anti-dumping investigation into polyester fiber yarn (excluding sewing thread) originating in China and India, including synthetic fiber monofilaments with a fineness of less than 67 decitex, not for retail use. On September 30, 2021, the Brazilian Foreign Trade Secretariat issued Announcement No. 64 of 2021 in the Gazette of the Federal Government, stating that it made a preliminary anti-dumping ruling on the case, and initially ruled that the products involved in the above-mentioned countries were dumped and that the dumping caused damage to Brazil’s domestic industry. , but no temporary measures will be taken for the time being. On August 22, 2022, the Management Executive Committee of the Foreign Trade Commission of the Brazilian Ministry of Economy (GECEX) issued Resolution No. 385 of 2022, making a positive final anti-dumping ruling on the case and deciding to impose anti-dumping duties on the products involved in China and India for a period of 5 years. Taxes are respectively US$57.85-585.70/ton in China and US$105.67-558.57/ton in India. In view of public interest considerations in Brazil, the implementation of the measures has been suspended for one year.
Original text: https://www.in.gov.br/web/dou/-/resolucao-gecex-n-508-de-16-de- agosto-de-2023-503894934</p
