Due to language differences and rules, South America has always been trade friction on responding to Chinese enterprises as one of the difficulties of the case. As frequency of trade remedy investigations launched one of the larger countries, Brazil has also been regarded by the industry representatives of trade protectionism. Not only between China-Brazil the citric acid case price commitments entered into for the first time, South American countries will be anti-dumping against China also play a role model.
China's Ministry of Commerce recently published news that Brazil development secretariat of the Ministry of industry and trade foreign trade recently issued a bulletin decided to accept pricing commitments from Chinese 6 export enterprises with citric acid and derivatives. This is Brazil first responding to anti-dumping and for the first time in the history of China reached a price undertaking.
Reporter learned from people familiar with it, the entire price undertaking difficult twists and turns the negotiation process, from negotiation to final acceptance of commitments which lasted two months, the Ministry of Commerce, China Minmetals chemicals import and export Chamber of Commerce and litigation in which enterprises had made strenuous efforts. The price undertakings were also meant that Chinese enterprises involved have the opportunity to return to Brazil exports, South American countries will be anti-dumping against China also play a role model.
In this case, the "price promise" refers to Brazil after the beginning of an anti-dumping investigation into the Conference, Chinese exporters commitment initiative to revise prices, reached without prejudice to the level of local industry, in lieu of the mode of taxation. On April 6, 2011, Brazil trade protection agency decided to import from China of citric acid and citrate to launch anti-dumping investigations, and Conference in early January this year, China 42%~173% of provisional anti-dumping duty in connection with the products.