AD: Japan Internal Combustion Industrial Forklift Trucks
The International Trade Commission (ITC) has issued a press release stating that on December 21, 2005, all six Commissioners voted to revoke the existing antidumping (AD) duty order on internal combustion industrial forklift trucks from Japan (ITA case number A-588-703).
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According to the press release, the ITC Commissioners determined that revocation of this existing AD duty order would not be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.
(This action comes under the five-year (sunset) review process required by the Uruguay Round Agreements Act (URAA), which according to 19 CFR 351.218(a), requires the International Trade Administration (ITA) to revoke an AD or countervailing (CV) duty order, or terminate a suspension agreement, after five years unless it is found that revocation would be likely to lead to both (1) a continuation or recurrence of dumping or a countervailable subsidy and (2) material injury to a U.S. industry within a reasonably foreseeable time.
A negative determination either by the ITA with respect to (1) above or by the ITC with respect to (2) above results in the revocation of the AD and/or CV duty order.)
(See ITT's Online Archives or 03/04/05 news and 07/25/05 news, 05030425, and 05072540, for BP summaries of ITA and ITC notices announcing the initiation and scheduling of this five-year sunset review on subject merchandise from Japan, respectively.)
ITC Contact - Peg O'Laughlin (202) 205-1819
ITC Press Release (05-151, Inv. No. 731-TA-377, dated 12/21/05) available at http://www.usitc.gov/ext_relations/news_release/2005/er1221cc1.HTM