Indonesia sets paper trade dispute against S. Africa
19/05/2008 12:00
The case is interesting because the two nations are allies within the NAMA-11 group of developing countries in the industrial goods negotiations in the WTO's
A letter from
"
This was because
Under WTO rules a country can impose duties on imports if they are sold for less than in the home market -- or "dumped" -- and this damages the importing country's industry.
But the duties must be lifted after five years at most unless a review of the measures determines that their removal would lead to a recurrence of dumping or injury.
The case will be followed closely by Indonesian paper makers such as Asia Pulp & Paper (APP), one of Asia's biggest paper producers, which defaulted on $14 billion of debt in 2001, and Raja Garuda Mas International (RGM), owned by one of Indonesia's richest men Sukanto Tanoto.
It is the second case brought by
By Jonathan Lynn
Source: africa.reuters.com
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