EU imposes up to 18% duties on Indonesian biodiesel


Last week Indonesia's trade minister said he would recommend to an inter-ministerial team a 20%-25% tariff on EU dairy products in response to the EU targeting the country's biodiesel, adding that he had asked dairy product importers to find sources of supply outside the 28-nation bloc.

BRUSSELS: The European Commission on Tuesday imposed countervailing duties of 8% to 18% on imports of subsidised biodiesel from Indonesia, saying the move aimed to restore a level playing field for European Union producers.

"The new import duties are imposed on a provisional basis and the investigation will continue with a possibility to impose definitive measures by mid-December 2019, " the EU executive said in a statement.

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Palm oil , diesel , bio-diesel , EU , tariffs , duties , Indonesia , dairy ,

   

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