Anti-dumping reforms level the playing field
Australia has reformed its anti-dumping system effective from today with an aim to level the playing field for Australian manufacturers and producers.
Industry, Innovation and Science Minister Christopher Pyne said the package of reforms will ensure businesses are not unfairly injured by the importation of goods at dumped prices.
The reforms strengthen and streamline our anti-dumping laws to ensure Australian industry is not injured by dumping from foreign companies and ensure the system is more transparent, said Pyne.
“The suite of reforms will crack down on uncooperative exporters, improve the merits review process, provide better support to Australian businesses engaging with the system and improve the operational effectiveness of the Anti-Dumping Commission.
“New regulations have also been introduced to address overseas businesses that avoid paying dumping duties by slightly modifying their products and we’ve improved the way the Anti-Dumping Review Panel undertakes merits review of anti-dumping decisions.
“As part of the reform package, we’ve bolstered the resources of the Anti-Dumping Commission with additional investigators and a new Anti-Dumping Information Service,” said Assistant Minister for Science, Karen Andrews, who has operational responsibility for anti-dumping matters.
“The new service will analyse market information and monitor economic trends so investigators can access strategic information early on in the process to help improve decision-making.” Operational processes are also being reviewed to see what efficiencies and improvements can be made to the commission’s investigative processes and practices.
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