📋 Tender Overview
The TRA has initiated a new transition review into a countervailing measure on polyethylene terephthalate (PET) from India.
The Trade Remedies Authority has today (10 July 2024) initiated a transition review of a countervailing measure on polyethylene terephthalate (PET) from India.
PET is a type of plastic that is used to produce beverage bottles, make packaging for food products, and is used in textiles like clothing fabrics. In 2023, total imports of PET were worth over £200 million.
The TRA will be reviewing this measure, which was inherited from the EU, to determine whether it is still suitable for the UK’s needs. The current duties applied to PET from India range from 0% to 13.8%.
The period of investigation for this transition review is 1 January 2023 to 31 December 2023. The injury period for the case is 1 January 2020 to 31 December 2023.
Businesses that may be affected by this investigation are encouraged to register their interest through the TRA’s online case platform (Trade Remedies Service) by 25 July 2024, to ensure that the TRA can consider all relevant data from UK industry that will determine if the existing measure should change.
