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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Business , indonesia , eu , biodiesel

   

Next In Business News

SME Corp targets six MSMEs to be listed on Bursa Malaysia by 2026
MoF wants new LEAP Market measures to be ready by early next year
Vibrant semiconductor industry fortifies Malaysia's role as reliable regional partner - PM
Capital markets key to boosting SME financing, promoting innovation
SC aims to grow MSME, MTC capital market fundraising to RM40bil by 2028
Ringgit slips as Fed minutes weigh on demand
Hartalega to see sequential growth as glove demand picks up
SingTel annual profit more than halves on US$2.3bil impairment charge
South Korea extends rate pause, raises growth outlook
FBM KLCI opens lower as Fed minutes signal hawkish mood

Others Also Read