Japan's Ministry of Economy, Trade and Industry (METI) and Ministry of Finance extended the period of an antidumping duty investigation on graphite electrodes from China by three months, until July 23. METI said the extension is to "carefully review the evidence and relevant documents submitted by interested parties, while ensuring full transparency and fairness throughout the investigation process." The investigation was launched in April 2024 and recently saw the agency impose a 95.2% provisional AD on Chinese graphite electrodes, effective March 29 (see 2503250022).
The U.K. extended a general sanctions license that permits sanctioned entity Russian Railways to pay Lithuanian Railways for the transit of "persons between the Kaliningrad Region and other parts of Russia via the passenger rail service operated by" Lithuanian Railways. The license's original expiration date of April 13, 2025, has been extended until 11:59 p.m. on April 13, 2027. It also lets Lithuanian Railways receive payments from Russian Railways for this type of travel and permits people or entities to "carry out any activity reasonably necessary to effect" payments to Lithuanian Railways.
The Council of the European Union on March 27 sanctioned another 25 people and seven entities under its Belarus sanctions regime for undermining democracy in Belarus and aiding Russia in its war against Ukraine.
DOJ filed a civil forfeiture complaint in the U.S. District Court for the District of Columbia on March 26 looking to collect $47 million in proceeds from the sale of nearly "one million barrels of Iranian petroleum," claiming the money is property of, or "affording a person a source of influence over," the Islamic Revolutionary Guard Corps or its Qods Force, DOJ announced.
The U.K. this week amended or corrected sanctions listings under its Russia and Global Human Rights sanctions regimes. Under the Russia restrictions, the Office of Financial Sanctions Implementation amended the listings for 2Rivers DMCC and 2Rivers PTE LTD, noting that the companies are sanctioned for supporting the Russian government by "carrying on business in a sector of strategic significance" to the Russian government, "namely the Russian energy sector." Under the Global Human Rights sanctions regime, OFSI corrected the listing for Wasantha Karannagoda, commander of the Sri Lankan Navy from 2005 to 2009, to reflect the title of Admiral as part of his full name.
Canada requested dispute consultations at the World Trade Organization with China regarding Chinese duties on Canadian agricultural and fishery products, the WTO announced on March 24. Canada alleged that the measures violate the WTO's Understanding on the Rules and Procedures Governing the Settlement of Disputes and the General Agreement on Tariffs and Trade 1994.
The European Commission on March 25 lowered the liberalization rate for its steel safeguard measure from 1% to 0.1%, reducing the amount of steel that can be imported into the EU without tariffs.
Japan imposed provisional antidumping duties on graphite electrodes from China after determining the imports caused a "material injury to domestic industry," the Ministry of Finance announced March 25. The duty rate is set at 95.2% and takes effect March 29 and is in effect through July 28.
The World Trade Organization's Dispute Settlement Body on March 24 heard a request from China to establish a panel in its dispute against the EU's countervailing duties on new battery electric vehicles from China. The DSB "took note" of statements made by China and the EU and said it would "revert to this matter should a requesting member wish to do so."
The European Commission on March 24 began monitoring import volumes of ethylene and ammonia products, which are primarily used for fertilizer production and "industrial applications," in order to levy duties on the products should imports surge in the EU. The commission said it began the surveillance because of "evidence of a significant and potentially injurious increase in the EU market share of imports of the chemicals," which purportedly is the result of overcapacity in China and trade defense measures from a "growing number of countries." Specifically, the surveillance covers "imports of copolymers of ethylene and alpha olefin, urea containing more than 45% (by weight) of nitrogen and ammonium sulphate," and will be in place for three years.