On June 29, 2022, the Ministry of Productive Development of Argentina, by means of Resolution No. 402/2022, initiated an investigation for alleged dumping on imports of new rubber tires (pneumatic tires) of the type used on bicycles from India, merchandise classified under tariff code 4011.50.00. of the Mercosur’s Common Nomenclature.
The initiation of the antidumping investigation was requested by local producers Neurbor S.A. and Imperial Cord S.A.
The dumping margin was estimated to be 39.15%. Moreover, the National Foreign Trade Commission preliminarily determined that there was sufficient evidence as to the harm caused to the local industry by Indian exports. Companies located in India that export the abovementioned products to Argentina, as well as local companies importing them, can appear before the Ministry of Productive Development and request the questionnaires to participate in this investigation and be notified of the proceedings.
The Spanish text of the resolution initiating the investigation is available at the following link: https://www.boletinoficial.gob.ar/detalleAviso/primera/265262/20220630
