Trade and markets
 

Detail

Area
European Union
Commodity Group
Biofuels
Commodity
Biodiesel
Date
18/09/2018
Policy Category
Trade
Policy Instrument
Trade dispute
Description
Decided to postpone the introduction of provisional countervailing duties on biodiesel imported from Argentina.
Notes
The European Commission decided to postpone the introduction of provisional countervailing duties on imports of allegedly subsidized biodiesel from Argentina (see also MPPU May & Aug.’18). Despite the preliminary finding that Argentinian exports are favoured by subsidies and therefore potentially threaten the EU’s biodiesel industry, the Commission informed that it intends to collect additional information in order to proceed with its investigations. Market participants had expected that the Commission would collect duties from October. Accordingly, Argentina’s biodiesel shipments to the EU are reported to have dropped in recent weeks.