UK TRA Reviews Anti-Subsidy Duties on PET Plastics from India

The UK's Trade Remedies Authority (TRA) has initiated a review of countervailing duties on polyethylene terephthalate (PET) imports from India. The review will determine if the nearly 13% duties should continue. UK businesses have until July 25 to register their interest and provide relevant data.

The UK's Trade Remedies Authority (TRA) has launched a comprehensive review of anti-subsidy duties on imports of polyethylene terephthalate (PET) plastics from India. The primary aim is to evaluate whether the current nearly 13% duties should remain in force.

As an independent body of the Department for Business and Trade, the TRA will examine if the importation of subsidized PET would persist or recur without these countervailing measures. Additionally, the review will assess if the UK industry would suffer continued or recurring injuries in the absence of these duties.

This action is part of the UK's broader set of trade tools, which also include anti-dumping and safeguard measures, designed to protect domestic industries from unfair trade practices. The TRA has called on affected businesses to register their interest by July 25, facilitating a thorough consideration of all relevant industry data.