The Trade Remedies Authority (TRA) has confirmed its final determination in the transition review of polyethylene terephthalate (PET) imported from India.
The Secretary of State for Business and Trade has accepted the TRA’s recommendation to maintain existing countervailing measures on imports of polyethylene terephthalate (PET) from India for five more years, until 2029.
The Trade Remedies Authority (TRA) has made a final recommendation to maintain the existing countervailing measure. The duties will remain in place for another five years, until 2029.
The recommendation follows the conclusion of a transition review, in which the TRA found that subsidised imports are likely to recur if the measure is removed and that injury to UK industry would also likely recur. The TRA also found that