The Battle Over Argentine Biofuel
Argentina biodiesel faces anti-dumping
tarifs if it enters the EU market but
there might be some relief in sight.
Huge storage facility for soy
beans waiting to be exported
from Brazil to the US and
Europe. Credit: Shutterstock.
BRUCE DORMINEY, Contributor
After years of crying foul, Argentina fnally got some good news
late last month when a World Trade Organization (WTO) panel
ruled that current European Union tariffs and import regulations on imports of Argentine biodiesel should be revamped.
Although the fnal outcome of the dispute has yet to be
resolved — much less an ultimate settlement — Argentina’s
biodiesel industry hopes it will be able to re-start biodiesel
exports to the EU perhaps as soon as late this year.
The WTO ruled that EU anti-dumping tariffs imposed on
Argentine biodiesel imports “weren’t inherently illegal but
ruled in favor of Argentina on several counts where the EU
inconsistently applied the WTO’s antidumping rules, including
how it calculated the tariffs,”
Jim Lane reported in the Bio-
fuels Digest. Both sides have
60 days to appeal the deci-
sion, Lane noted, which “the
Argentines see as good news
that may help them re-open
the European market that has
negatively impacted their bio-
diesel industry since anti-
dumping tariffs were applied
Argentina’s biodiesel prod-
ucts had previously dominated