UAE succeeds in terminating US, Canada countervailing investigations
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UAE succeeds in terminating US, Canada countervailing investigations

UAE succeeds in terminating US, Canada countervailing investigations

The UAE economy ministry has said it has successfully terminated two countervailing investigations on UAE exports of steel pipes initiated by the Canadian Borders Services Agency (CBSA) on May 15 and the US International Trade Commission (USITC) on November 15, Wam has reported. The termination of the CBSA investigation was based on the arguments and evidences provided by the ministry that "clearly demonstrated that the UAE government is not providing any subsidy that might be not consistent with the Agreement on Subsidy and Countervailing Measures (ASCM)," said Abdullah Sultan Al Fan Al Shamsi, assistant undersecretary for industrial affairs at the ministry. The USITC also concluded that the US industry is not materially injured or threatened due to imports of steel pipes from inter alia UAE and consequently, no antidumping or countervailing duty duties will be imposed on UAE exports of the said product to the US market, Al Shamsi said.

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