Trade Update – October 2, 2023

KEY TRADE REMEDIAL UPDATES

Subject countries	Product	Investigation	Particulars
USA (Department of Commerce)
Colombia	Citric Acid and Certain Citrate Salts	AD	Notification of final results of antidumping duty administrative review.
Republic of Korea	Forged Steel Fittings	AD	Notification of preliminary results of antidumping duty administrative review.
Republic of Korea	Large Power Transformers	AD	Notification of final results of antidumping duty changed circumstances review.
Belgium, Colombia, and Thailand	Citric Acid and Certain Citrate Salts	AD	Notification of commission determinations to conduct full five-year reviews.
Japan	Tin- and Chromium-Coated Steel Sheet	AD	Notification of denial of request to institute a section 751(b) review concerning the commission’s affirmative determination.
People’s Republic of China	Certain Frozen Warmwater Shrimp	AD	Notification of preliminary results of antidumping duty administrative review.
People’s Republic of China	Pure Magnesium in Granular Form	AD	Notification of continuation of antidumping duty order.
China	Honey	AD	Notification of determination that the revocation of antidumping duty order would be likely to lead to continuation or recurrence of material injury.
People’s Republic of China	Certain Activated Carbon	AD	Notification of final results of expedited third sunset review of the antidumping duty order.
India	Brass Rod	CVD	Notification of preliminary affirmative countervailing duty determination.
Israel	Brass Rod	AD, CVD	Notification of preliminary affirmative countervailing duty determination, and alignment of final determination with final antidumping duty determination.
Republic of Korea	Brass Rod	AD, CVD	Notification of preliminary affirmative countervailing duty determination and alignment of final determination with final antidumping duty determination.
Republic of Korea	Certain Corrosion-Resistant Steel Products	AD	Notification of notice of initiation and preliminary results of antidumping duty changed circumstances review.
Republic of Korea	Certain Cut-To-Length Carbon-Quality Steel Plate Products	AD	Notification of final results of antidumping duty changed circumstances review.
India	Certain Non-Refillable Steel Cylinders	AD, CVD	Notification of preliminary affirmative countervailing duty determination and alignment of final determination with final antidumping duty determination.
Thailand and Colombia	Citric Acid and Certain Citrate Salts	AD	Notification of final results of the expedited first sunset reviews of the antidumping duty orders.
Taiwan	Forged Steel Fittings	AD	Notification of preliminary results of antidumping duty administrative review.
Socialist Republic of Vietnam	Passenger Vehicle and Light Truck Tires	CVD	Notification of final results of countervailing duty administrative review.
India (Directorate General of Trade Remedies)
Korea RP, Thailand and China PR	Epichlorohydrin?	AD	Notification of initiation of anti-dumping investigation.
Vietnam	Copper Tubes & Pipes	AD, CVD	Notification of termination of new shipper review investigation for determination of individual countervailing/anti-subsidy duty rate.
EU (European Commission)
Argentina Indonesia	Biodiesel	AD	Notification of rescission of anti-dumping duties.

WTO, FTAs

• Costa Rica submits application to join the Government Procurement Agreement.
• Members meet external stakeholders to advance discussion on extending TRIPS Decision.
• DG Okonjo-Iweala calls on WTO members to deliver for development at MC13.
• Registration opens for live screening of panel meeting in US-EU ripe olives dispute.
• Jordan 3rd WTO trade policy review took place on 27^th and 29^th
• Xi Jinping stresses active participation in WTO reform, stronger ability for high-level opening-up.
• Rishi Sunak likely to sign UK-India trade deal without binding worker or environment pledges.
• India wants WTO rules on foodgrain scrapped.
• EU-Kenya Economic Partnership Agreement closer to approval.
• European Commission will represent EU states in WTO on grain dispute.

TRADE POLICY

UK

• UK admits that it will cost businesses extra £330m a year in charges when post-Brexit border controls on animal and plant imports come into force next year.

Europe

• Europe takes climate fight global as carbon border tax goes live.
• EU trade chief expresses concerns over China’s ‘politicised’ business environment.

USA

• China trade council asks US to ‘carefully consider’ tech investment ban.
• S. Department of Commerce announced a funding opportunity for smaller supply chain projects and businesses to access CHIPS for America funds.
• US asks India to lift export ban on non-basmati rice.

India

• India’s current account deficit widens to $9.2 billion in June quarter.
• India eases its proposed laptop, tablet import curbs.
• India and Argentina sign social security agreement for professionals.

CUSTOMS

• Notification of export of non-basmati white rice (under HS code 1006 30 90) to UAE through National Cooperative Exports Limited (NCEL).
• Notification of extension of RoDTEP scheme for exports made from 1^st October 2023.
• Notification of quality control order (QCO) for aluminum and aluminium alloy products.
• Notification of QCO for agro textiles.
• Notification of QCO for drinking water cooler.
• Notification of QCO for precision roller and bush chains.
• Notification of QCO for miscellaneous steel products.
• Notification of QCO for medical textiles.
• Notification of draft QCO for furniture at the WTO.
• Notification of draft QCO for V-belts at the WTO.
• Notification of extension of enforcement date for the QCOs for maleic anhydride, ethylene vinyl acetate copolymers and polyethylene material for moulding and extrusion.
• Clarifications issued regarding implementation of Trade Notice No. 07/2023-24 dated 8^th June 2023 in reference to the pre-import condition under Advance Authorisation Scheme.
• Notification of amendments in customs tariff act to add spirits for industrial use and addition of specified actionable claims regarding real money gaming to HS 9807.
• Notification of amendments in tariff values for certain items.
• Notification of mandatory condition for export of Bangalore Rice Onion.

SANCTIONS

• Updated financial sanctions list goes live in Poland.
• India’s diamond firms in the rough as global trade sanctions mount.
• US Department of Homeland Security added three entities to the Uyghur forced labor act entity list.
• EU and UK Russia-connected iron and steel ban coming into force.
• The Five Eyes countries have issued joint guidance on countering Russia evasion of export controls.
• US imposes sanctions on Iranian drone procurement network.
• Issuance of an addendum to the US Xinjiang supply chain business advisory.

Disclaimer: The information contained in this document is intended for informational purposes only and does not constitute legal opinion or advice. This document is not intended to address the circumstances of any individual or corporate body. Readers should not act on the information provided herein without appropriate professional advice after a thorough examination of the facts and circumstances of a situation. There can be no assurance that the judicial/quasi-judicial authorities may not take a position contrary to the views mentioned herein.