MINISTER OF Industry, Commerce and Technology, Phillip Paulwell, is expected to outline today, the details of an investigation initiated by the Anti-Dumping and Subsidies Commission into the dumping of fertiliser on the Jamaican market.
The Commission said it began the investigation yesterday into the alleged injurious dumping of certain inorganic fertiliser originating in or exported from the Dominican Republic.
The investigation, it said, followed a complaint filed by Antilles Chemical Company, which produces inorganic fertilisers. The complainant is contending that "the alleged dumping has injured its production by causing it to lose sales and market share, and by suppressing the prices it receives for its goods.
Further, said the Commission, the complainant submits that the lost sales have resulted in reduced use of its products and profitability.
The Commission did not, however, name the company and or persons alleged to be dumping fertiliser on the Jamaican market.
Dumping occurs when the export price to Jamaica of the goods under consideration is less than the price at which identical or similar goods are sold in the ordinary course of trade for domestic consumption in the exporting country.
A preliminary determination in the case is to be made on February 3, 2002 and the final determination made on May 4, 2002. All parties affected by the investigation are being invited to file written submissions to the Commission by December 13, this year.