Canadian International Trade Tribunal

Canadian International Trade Tribunal

July 29, 2009 18:15 ET

Canadian International Trade Tribunal Issues Orders: Stainless Steel Wire From Korea, Switzerland, the United States and India

OTTAWA, ONTARIO--(Marketwire - July 29, 2009) - The Canadian International Trade Tribunal today issued orders following the expiry review of its findings made on July 30, 2004, in Inquiry No. NQ-2004-001, concerning the dumping of stainless steel wire originating in or exported from the Republic of Korea, Switzerland and the United States of America and the subsidizing of stainless steel wire from India.

The Tribunal found that the dumping of stainless steel wire from Korea, Switzerland and the United States, and the subsidizing of stainless steel wire from India were unlikely to result in injury. The Canada Border Services Agency will therefore not continue to impose anti-dumping and countervailing duties on these products.

The Tribunal is an independent quasi-judicial body that reports to Parliament through the Minister of Finance. It hears cases on dumped and subsidized imports, safeguard complaints, complaints about federal government procurement and appeals of customs and excise tax rulings. When requested by the federal government, the Tribunal also provides advice on other economic, trade and tariff matters.

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