Since there are many cases in which Chinese steel products are considered to have been imported into Japan at unreasonably low prices with government subsidies, the government is using countervailing duties, which impose tariffs equivalent to subsidies. It was decided to urge.
Some steel and chemical products from China and South Korea have been imported into Japan at unreasonably low prices with government subsidies, and it seems that domestic companies have been damaged one after another. ..
In such cases, it is internationally recognized to apply a countervailing duty, which imposes a tariff equivalent to the subsidy, but the company applying for the application needs to prove the actual condition of the subsidy. Due to the heavy burden on the company side, this is only one case applied to Korean semiconductor manufacturers in 2006.
For this reason, the Ministry of Economy, Trade and Industry has put together measures to utilize countervailing duties.
Specifically, in order to understand the actual situation of subsidies, we will create a mechanism to share information with the United States and the EU = European Union.
In addition to establishing a contact point for corporate consultations, the company plans to work to raise awareness of the system through seminars and other means.
The Ministry of Economy, Trade and Industry wants to create a fair competitive environment for companies through these measures.