Montreal – The Canadian International Trade Tribunal (CITT) issued its decision to continue its 1995 finding against dumped and subsidized sugar from the U.S. and the EU. Antidumping and countervailing duties will, therefore, continue to be applied to imports of such sugar.
The Tribunal concluded that, if its finding was revoked, there would be a resumption of dumped and subsidized imports of U.S. and EU sugar into Canada and those imports would likely result in material injury to the Canadian sugar industry. The CITT finding concludes the fourth review of the Tribunal’s initial 1995 finding. Under Canadian law, a review of these findings must take place every five years.
“We are satisfied that the Tribunal continued its antidumping duties against the U.S. and EU and recognized that the Canadian sugar industry is vulnerable to the trade distortions caused by both sugar regimes,” stated Mr. John Holliday, president and chief executive officer of Lantic., a wholly- owned subsidiary of Rogers Sugar, in a news release.
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