Renata Agostini – Folha de Sao Paulo, 11/01/2012
Brazil is the country that most opens investigations on dumping – sales of products abroad for prices lower than in their original country -, says a report released yesterday by the World Trade Organization (WTO). The document shows the number of legal actions in the G20 countries, the 20 richest countries in the world, from May to September 2102. Canada is the runner-up.
It is likely that Brazil’s position will not be temporary. The government expects to finish the year, for the first time, as the number one country that investigates dumping and carries out commercial defense measures – India has been the leader since 2007.
“Brazil is likely to stay in first,” says Felipe Hees, director of the Development Ministry’s Commercial Defense Department.
Brazil’s rise in the list was not by chance: from January to October, 56 investigations were opened, a new record. From May to September, they were 27, the equivalent to more than one third of the investigations opened by WTO members in the same period (77).
Image from ETF Daily News