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Part I · Anti-Dumping Duties

44. Undertakings relating to price undertakings

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

(1)

The Director-General may suspend an investigation without the imposition of provisional measures or anti-dumping duties, on receipt of satisfactory voluntary undertakings from any exporter, to revise its prices or to cease exports to the area in question at dumped prices, and the Director-General is satisfied that the injurious effect of the dumping is eliminated.

(2)

Any price increases imposed as a result of an undertaking given under subsection (1), shall not be higher than what is necessary to eliminate the dumping margin and where the Director-General determines in the interest of the national economy, that a lesser price increase would be adequate to remove the injury to the Sri Lankan industry, the price increase imposed may be less than the dumping margin.

Anti-Dumping and Countervailing Duties

(3)

Price undertaking for the purpose of subsection (1)

may be suggested by the Director-General, but no exporter shall be forced to enter into such an undertaking.

(4)

The fact that exporters do not offer any price undertakings, or do not accept an invitation to do so, shall in no way prejudice the consideration of the case, but the

Director-General shall be free to determine that a threat of injury is more likely to be realized, if the dumped imports continue.

(5)

Except in exceptional circumstances, a price undertaking under subsection (1) may be offered by any exporter at any time not less than a period of two months before the proposed date of the final determination.

Part II

Countervailing Duties

Part III

General

Schedules