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TUESDAY, JANUARY 19, 1993
MEXICO TO REVIEW ANTI-DUMPING RESOLUTION ON DENIM
FINAL ON
THE MEXICAN GOVERNMENT HAS INITIATED A REVIEW ON THE RESOLUTION MADE IN SEPTEMBER 1991 TO IMPOSE ANTI-DUMPING DUTIES IMPORTS FROM HONG KONG OF DENIM OF 85 PERCENT COTTON OR MORE.
THE REVIEW PERIOD COVERS JANUARY 1, 1992 TO JUNE 30 +
1992.
A TRADE DEPARTMENT SPOKESMAN CALLED ON COMPANIES WHO MAY HAVE LEGITIMATE INTEREST IN THE OUTCOME OF THE REVIEW ΤΟ MAKE REPRESENTATIONS TO THE MEXICAN AUTHORITIES.
A
"AS THE MEXICAN MINISTRY OF COMMERCE HAS NOT ANNOUNCED IN THE SUBMISSIONS, THE OFFICIAL GAZETTE NOTICE THE DEADLINE FOR MAKING THE TRADE DEVELOPMENT HAS SOUGHT CLARIFICATIONS WITH THEM AND WILL INFORM TRADERS OF THE DEADLINE ONCE SUCH INFORMATION IS AVAILABLE.
AS
"TRADERS ARE, HOWEVER, ADVISED THAT IT IS IN THEIR INTERESTS FORWARD THEIR SUBMISSIONS TO THE MEXICAN AUTHORITIES AS SOON POSSIBLE, THE SPOKESMAN SAID.
ΤΟ
++
OF DENIM OF 85 PERCENT AN ANTI-DUMPING
OF DUTY
KONG AT PRESENT, IMPORTS FROM HONG COTTON OR MORE INTO MEXICO ARE SUBJECT TO US$1 A KILOGRAMME UNLESS SUCH IMPORTS ARE SUPPLIED BY COMPANIES SPECIFICALLY EXEMPTED BY THE MEXICAN AUTHORITIES.
MILLION
ACCORDING TO HONG KONG TRADE STATISTICS, HONG KONG'S EXPORTS OF DENIM TO MEXICO AMOUNTED TO HK$59.6 AND HK$77.1 MILLION IN THE FIRST 10 MONTHS OF 1992.
DOMESTIC IN 1991
HAS RECEIVED
ON THE OTHER HAND, THE TRADE DEPARTMENT INFORMATION THAT THE MEXICAN AUTHORITIES HAVE ANNOUNCED THE PROVISIONAL RESOLUTION ON ANTI-DUMPING INVESTIGATION ON ELECTRIC CHRISTMAS TREE LIGHT SERIES ORIGINATING FROM CHINA.
WITH EFFECT FROM DECEMBER 9, 1992, THE FOLLOWING DUTY HAS BEEN IMPOSED:
ANTI-DUMPING
* US$1.97 PER UNIT FOR 20 LIGHTS SET WITH ACCESSORIES;
* US$7.05 PER UNIT FOR 140 LIGHTS SET WITH ACCESSORIES;
* US$9.44 PER UNIT FOR 200 LIGHTS SET WITH ACCESSORIES; AND
* US$6.15 PER UNIT FOR ALL OTHER TYPES OF SETS.
ACCORDING ΤΟ HONG KONG TRADE STATISTICS, HONG KONG'S RE-EXPORTS TO MEXICO OF CHRISTMAS TREE LIGHTING SETS ORIGINATING CHINA AMOUNTED TO HK$5.1 MILLION IN 1991 AND FIRST 11 MONTHS IN 1992.
FROM
HK$9.2
MILLION IN THE
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