Get the app

Anti-dumping probes against Taiwan rose to a distressing 26 in 2012: BOFT

TAIPEI, Taiwan -- The number of international anti-dumping investigations targeting Taiwan products doubled to 26 last year, said the Bureau of Foreign Trade (BOFT) under the Ministry of Economic Affairs yesterday.

The figure was distressing given that between 2008 and 2011, anti-dumping investigations targeting Taiwan products averaged 8.5 annually.

Of the 26 probes, 19 were launched by emerging markets, including Brazil, which filed six.

The bureau put a positive spin on the situation, saying Taiwan is an export-driven country that sells high-quality products to different nations, which launch anti-dumping investigations to protect their own products.

"A sudden rise in anti-dumping investigations was seen in many countries in the world last year, not just in Taiwan," said Chang Chun-fu, director general of the bureau.

According to him, his bureau cares very much about local firms that are targets of anti-dumping probes, yet the things that BOFT can do is limited.

"Most countries launch anti-dumping probes following the guidelines of the World Trade Organization, and it's difficult for Taiwan to question the legal grounds on which those investigations are brought up," he said. "What the Ministry of Economic Affairs can do is to respond to anti-dumping charges imposed on us, and to subsidize trade associations that file lawsuits on behalf of the companies in question."

As for criticism that the funding provided by the bureau isn't enough, Chang said that BOFT is running on a tight budget.

You may also like...
Advertise  |   RSS Feed  |   About Us  |   Contact Us
Home  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |  
Arts & Leisure  |   Health  |   Editorial  |   Commentary Travel  |   Movies  |   Guide Post  |   Terms of Use  |  
  chinapost search