EU extends duties on US biodiesel
The EU adopted the implementing regulation 2015/1519 on 14.09.2015. Since then, biodiesel imports from the USA have been subject to a countervailing duty in order to offset a distortion of competition caused by dumping prices and subsidies. The countervailing duties of the European Union should expire on 16.09.2020. However, the European Commission decided on 14 September to review the expiry of the measures after EBB requested the extension of the duties for another five years. This means that the existing duties will remain in force for up to 15 months until the Commission has concluded its investigations.