Logo of Phnom Penh Post newspaper Phnom Penh Post - ‘No complaints filed’ after trade remedy law

‘No complaints filed’ after trade remedy law

Content image - Phnom Penh Post
People attended the Dissemination Workshop of the TRADE REMEDIES LAW at Cambodiana Hotel in Phnom Penh. Heng Chivoan

‘No complaints filed’ after trade remedy law

The Ministry of Commerce official in charge of the Kingdom’s new trade remedy law said that no complaints had been filed by Cambodian businesses since the anti-dumping measure was put in place nearly one year ago.

Tan Yuvaroath, the ministry’s deputy director of trade promotion, told reporters at a seminar in Phnom Penh that lack of awareness about the law could be keeping businesses from utilising it.

He also cited a steep legal fee and the challenge of collecting the evidence needed to convince local authorities to investigate.

The trade remedy law was approved by the National Assembly last October. It was meant to protect domestic and foreign businesses by introducing anti-dumping measures that prevent the “dishonest” import of goods and produce from neighbouring countries.

“If we found that a complaint is corrected and there is a dumping price that can negatively affect local production, we can increase custom taxes on goods that are dumped into the market up to levels set by the World Trade Organisation,” said Yuvaroath, who was a member of the team that drafted the law.

He added that so far not a single complaint had been registered.

Some Cambodian business owners who spoke to the Post remained doubtful about the law. Leaders in the domestic pork industry have complained bitterly that unfair imports have slashed prices for producers.

Srun Peu, director of the Cambodia Livestock Raisers Association, said on Tuesday that pork suppliers suffered huge losses from the price dumping of pig imports from Vietnam in 2017. He added that many pig farmers gave up the business.

“If the law [on trade remedies] is implemented properly, we will dare to spend on legal fees even though it is high, because when we seriously suffered and we lost a lot of money,” Srun said.

He added that implementing the law is complicated by the need to provide strong evidence ­­and to find local authorities willing to help. “We now have the law, but whether how efficiency the law is, it is still a question.”

MOST VIEWED

  • Hun Sen: Full country reopening to be decided in two weeks

    Prime Minister Hun Sen has announced that if the Covid-19 situation remains stable for 15 consecutive days from the end of the October 5-7 Pchum Ben public holiday, Cambodia will reopen fully, albeit in the context of Covid-19 whereby people have to adjust their lives to

  • Cambodia sets new Covid-19 quarantine rules

    The government has modified Covid-19 quarantine requirements, shortening the duration for, among others, Cambodian officials, foreign diplomats and delegations, investors and inbound travellers in general. According to an official notice signed by Minister of Health Mam Bun Heng late on October 16, quarantine length for Cambodian

  • Cambodia unveils new quarantine regulations

    The government has modified Covid-19 quarantine requirements, shortening the duration for, among others, Cambodian officials, foreign diplomats and delegations, investors and inbound travellers in general. According to an official notice signed by Minister of Health Mam Bun Heng late on October 16, quarantine length for Cambodian

  • Hun Sen: Cambodia set to fully reopen

    Prime Minister Hun Sen concludes that the October 5-7 Pchum Ben public holiday, during which many people either flocked to their hometowns for family reunion or gathered at tourist attractions across the country, has not caused an outbreak of Covid-19. In a special address to

  • Will Evergrande change the way Chinese developers do business in Cambodia?

    China’s property sector policy has exposed the grim financial condition of real estate developers including those operating in Cambodia, which raises questions over the viability of their projects and business going forward The dark blue netting draping over one of Yuetai Group Co Ltd’

  • Cambodia seeks probe into 'false reports' on Hun Sen's alleged Cypriot passport

    Minister of Justice Koeut Rith on September 6 wrote a letter to his Cypriot counterpart Stephie Dracos requesting cooperation in investigating and providing the truth in relation to the "exaggerative and false allegations" that Prime Minister Hun Sen holds a Cypriot passport. In his letter, the