Us Mexico Suspension Agreement Sugar

On January 8, 2015, Imperial Sugar Company (Imperial) and AmCane Sugar LLC (AmCane) Trade each reported that they had asked the International Trade Commission (ITC) to review the AD agreement pursuant to Section 734 (h) of the Act to determine whether the adverse effects of imports of the products in question were completely eliminated by the AD agreement. On 24 March 2015, the ITC unanimously found that the AD agreement completely eliminated the adverse effects of sugar imports from Mexico. [4] Under the ITC provision, the AD agreement remained in effect and, on March 27, 2015, under Section 734 (h) (3) (3) of the Act, Trade instructed CBP to terminate the suspension of the liquidation of all sugar inflows from Mexico and to refund all cash deposits. The trade agreements were reached after U.S. sugar producers successfully argued in 2014 that subsidized and “dumped” sugar from Mexico had done significant harm to U.S. sugar producers. The agreements limit, among other things, the quantity and nature (refined compared to the “others”) of sugar, time frames and delivery methods. Mexico`s sugar exports to the United States have been tariff-free and unlimited since January 1, 2008 under the North American Free Trade Agreement. The trade carried out this audit in accordance with Article 751, paragraph 1, of the Act, which stipulates that the trade “verifies the situation and compliance with an agreement on the basis of which an investigation has been suspended”. In this case, Commerce and GOM signed the CVD agreement on December 19, 2014.

In accordance with the cvd agreement, the GOM agreed that the subject “Start Printed Page 6907merchandise” would be subject to export restrictions under the CVD agreement. [11] The GOM also agreed to other conditions, including restrictions on refined sugars [12] and the issuance of shipping-specific export certificates (later amended for contract-specific export certificates). [13] The amendment to the CVD agreement also made some changes to GOM`s licensing system and the polarity of sugar to be exported. [14] Notwithstanding the granting of the AD agreement, Commerce continued its investigation at the request of national interested parties and concluded a definitive conclusion of LTFV`s sales. [5] In its final determination, trade weighted average dumping margins of 40.48% for Fondo de Empresas Expropiadas del Sector Azucarero (FEESA), or 42.14% for Ingenio Tala S.A.

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