TRA proposes to maintain countervailing measure on Argentinian biodiesel imports

Article summary

The Trade Remedies Authority (TRA) has provisionally proposed maintaining the countervailing measure on biodiesel imported from Argentina. In a Statement of Essential Facts, the TRA recommends retaining the duty range of 25%–33.4% until February 2029. The measure applies to ‘fatty-acid mono-alkylesters or paraffinic gasoils obtained from synthesis or hydrotreatment of non-fossil origin in pure form or as included in a blend, in pure form or as included in a blend’, but the TRA intends to review this to explicitly exclude sustainable aviation fuel. This follows TRA's investigation, which found that the UK biodiesel industry is growing, however, the UK is one of few available markets for an increasing Argentinian production capacity. It was therefore concluded that removing the measure would likely lead to a recurrence of subsidised imports from Argentina and injury to the UK industry. Affected businesses can submit comments on the proposal until 29 November 2024.