Indonesian Political, Business & Finance News

APSyFI awaits antidumping ruling

| Source: JP

APSyFI awaits antidumping ruling

APSyFI said on Thursday that the results of the investigation
into their dumping complaint against producers from three Asian
countries was expected to be announced in the next couple of
months.

The association had submitted an antidumping petition to the
Indonesia Antidumping Committee (KADI) in February 2003.

The antidumping petition cited South Korea, Taiwan, and
Thailand for allegedly dumping their Polyester Staple Fiber (PSF)
products in Indonesia.

According to the secretary-general of APSyFI, Kustarjono
Projolalito, KADI has been investigating both producers in
Indonesia and producers in the three particular countries since
September 2003.

Under the World Trade Organization ruling, the antidumping
committee can have up to 18 months to conduct the investigation.

Kustarjono said that the investigation would hopefully be
finished in April this year. The report would then be submitted
to the Ministry of Industry and Trade, and the Ministry of
Finance.

If KADI's investigation can prove the allegations, the
Ministry of Finance would then issue a ministerial decree that
would stipulate import duties for products from each of the three
Asian countries. -- JP

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