EU backs punitive duties on Argentina, Indonesia biodiesel


BRUSSELS: European Union member states agreed to impose punitive duties on biodiesel imported from Argentina and Indonesia, which are accused of selling it into the bloc at unfairly low prices, according to diplomats.

A majority of the EU members on Tuesday backed the European Commission’s view that producers in the two countries were dumping selling at below fair market or cost price.

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Business , Business , indonesia , eu , biodiesel

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