Uruguay applies anti-dumping duties to soybean expeller from Argentina

Uruguay found dumping practices through an investigation carried out by the National Directorate of Industry of the Ministry of Industry, Energy and Mining, and therefore decided to apply anti-dumping duties to the marketing of soybean expeller from Argentina. Dumping is the practice of selling a product in the market of an importing country at a price lower than that at which said product is sold in the exporting country, which constitutes international price discrimination. CURRENT REGULATIONS. According to the current regulations of the World Trade Organization (WTO), there are three cases in which countries can apply anti-dumping measures. These three cases are, if after an investigation in accordance with the Anti-Dumping Agreement, it is demonstrated 1) that dumping is being practiced; 2) that the national industry producing a similar product in the importing country is suffering significant damage; and 3) that there is a causal relationship between both events. Uruguay ...