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EU states seen backing duties on U.S. biodiesel

BRUSSELS (Reuters) – Most European Union member states indicated on Thursday they would support a European Commission plan to extend anti-dumping and anti-subsidy duties on imports of biodiesel from the United States, EU sources said.

The European Union’s executive arm, which oversees trade policy for the 27-country bloc, submitted a proposal to impose “definitive,” or permanent, tariffs of up to five years to member states at a meeting of the EU’s anti-dumping committee.

“There were a number of questions raised, but those opposed were certainly in the minority,” one source with knowledge of the meeting said.

The EU in March imposed temporary duties on the imports following a probe prompted by a complaint from EU producers of biodiesel — the main biofuel produced in Europe — that they were being hammered by U.S. subsidies.

Reuters



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