OTTAWA, Aug. 18, 2017 /CNW/ - The Canada Border Services Agency (CBSA) announced today that it is launching an investigation into whether or not certain polyethylene terephthalate resin (PET resin) originating in or exported from the People's Republic of China (China), the Republic of India (India), the Sultanate of Oman (Oman) and the Islamic Republic of Pakistan (Pakistan) is being sold at unfair prices in Canada. It will also investigate whether or not subsidies are being applied to certain PET resin originating in or exported from China, India, Oman and Pakistan.
The investigations are the result of a complaint filed by Compagnie Selenis Canada (Selenis Canada), of Montréal, Quebec. The complainant alleges that as a result of price undercutting from the subject countries, Selenis Canada faces lost revenue and market share, resulting in reduced production and employment.
Currently, there are 98 special import measures in force, covering a wide variety of industrial and consumer products, from steel products to refined sugar. These measures have directly helped to protect the Canadian economy and jobs in Canada.
- PET resin is a clear, strong and lightweight plastic belonging to the polyester family. It is typically used in the production of plastic beverage bottles, in packaging for food and manufactured products, in containers for household and automotive products, and in industrial strapping.
- The CBSA and the Canadian International Trade Tribunal (CITT) both play a role in investigations. The CITT will begin a preliminary inquiry to determine whether the imports are harming Canadian producers and will issue a decision by October 17, 2017.
- Concurrently, the CBSA will investigate whether the imports are being sold in Canada at unfair and/or subsidized prices, and will make a preliminary decision by November 16, 2017.
- A copy of the Statement of Reasons, which provides more details about these investigations, will be available on the CBSA's website at www.cbsa.gc.ca/sima-lmsi within 15 days.
Special Import Measures Act (SIMA) Investigative Process and Timeframes
Overview of Canada's Anti-Dumping and Countervailing Investigative Processes
Canada Border Services Agency, Anti-dumping and Countervailing
Canadian International Trade Tribunal
SOURCE Canada Border Services Agency
For further information: Media Relations (http://www.cbsa-asfc.gc.ca/media/media-eng.html), Canada Border Services Agency, 613-957-6500