June 18, 2021
Today, the Cabinet has enacted a Cabinet Order relating to a definitive anti-dumping duty on dipotassium carbonate originating in the Republic of Korea.
Background
The Ministry of Economy, Trade and Industry (METI) and the Ministry of Finance (MOF) have been conducting an investigation since June 29, 2020, to determine whether or not to impose an anti-dumping duty on dipotassium carbonate* originating in the Republic of Korea.
Based on the facts found in the investigation, a provisional anti-dumping duty of 30.8% has been imposed on dipotassium carbonate originating in the Republic of Korea since March 25, 2021. (Cabinet Order (No. 65, March, 2021).)
On June 8, 2021, considering the results of subsequent investigation, etc., the Council on Customs, Tariff, Foreign Exchange and Other Transactions reported that it was appropriate to impose a definitive anti-dumping duty on dipotassium carbonate originating in the Republic of Korea for five years. (The rate of the definitive anti-dumping duty is the same as the provisional duty, 30.8 %.)
*Note: Dipotassium carbonate, which is generally in the form of white powder, is mainly used as a material for glass including liquid crystal panels, or as a food addictive for lye water to be added to Chinese noodles, etc.
Outline of the Cabinet Order
The objective of enacting this Cabinet Order is to impose a definitive anti-dumping duty on dipotassium carbonate originating in the Republic of Korea, since there is the fact of the importation of the dumped product and the fact of the material injury, etc., to the domestic industry caused by such importation in the investigation carried out upon receipt of an application requesting the imposition of an anti-dumping duty, and it is found necessary to protect such domestic industry.
Next Steps
The Cabinet Order will be made public on June 23, 2021, and the definitive anti-dumping duty shall be imposed on the goods originating in the Republic of Korea for the period beginning on June 24, 2021, and ending on June 23, 2025.
Division in Charge
- Office for Trade Remedy Investigations, Trade Control Department, Trade and Economic Cooperation Bureau
- Material Industries Division, Manufacturing Industries Bureau
