Taiwan slaps tax on RI paper

Taiwan slaps tax on RI paper

TAIPEI (DPA): Taiwan paper companies have asked authorities to slap anti-dumping taxes on paper imports from Japan, Indonesia and Thailand, the Economics Ministry said Wednesday,

The complaint was filed by the Taiwan Paper Industry Association against eight Japanese, four Indonesian and two Thai companies.

The association charges that these companies have been selling art paper and the uncoated print and writing paper - at prices far lower than their home prices.

Art paper is the glossy paper used to print magazines. Uncoated paper, less glossy, can also be used to print magazines or for other purposes.

"We will probe if there was dumping and if the dumping has damaged Taiwan's paper-making industry. The probe may take six months to one year," ministry official Chiu Kuang Hsun said.

"But if we decide to slap anti-dumping tax on a certain country, it will be on paper imports from that country, not the companies named in the complaint," he said. billion-dollar Yankee bond issue