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    Home » EU sets countervailing duties on Indonesian biodiesel

    EU sets countervailing duties on Indonesian biodiesel

    August 13, 2019
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    Brussels — The European Commission on Tuesday levied countervailing duties on Indonesian biodiesel, saying the move would restore a level playing field for EU biodiesel producers.

    “The new import duties are imposed on a provisional basis and the investigation will continue with a possibility to impose definitive measures by mid-December 2019,” the EU executive said in a statement.

    It said its investigation showed that Indonesian biodiesel producers benefit from grants, tax benefits and access to raw materials below market prices.

    • Reuters

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