Ukraine Octg Suspension Agreement

On September 10, 2018, Commerce began an administrative review of the agreement for the period from July 1, 2017 to June 30, 2018. [14] As the agreement expires on July 10, 2019, there is no longer agreement on the implementation of an administrative review. As a result, the trade resigns from the administrative review of the agreement effective on the date of denunciation of the agreement, July 10, 2019. The U.S. Department of Commerce and Interpipe signed the agreement on July 10, 2014. Its terms provided that the agreement expires on July 10, 2017. At Interpipe`s request, the contract was extended until July 10, 2018, and then until July 10, 2019. This agreement expires five years after this agreement enters into force on July 10, 2019. At the time, if the investigation into anti-dumping duties on OCTGs from Ukraine continued and led to positive conclusions, as mentioned in paragraphs 735 A) and b) (1) of the Law, respectively by the Department and the International Trade Commission, the Department issued an anti-dumping warrant and ordered the suspension of the liquidation of OCTG entries from Ukraine.

section 735 (c). [13] On 10 July 2019, the agreement to suspend the anti-dumping duties investigation into certain products originating in Ukraine from certain oil-capped countries (hereafter the agreement) is closed. As a result, the Ministry of Commerce (Commerce) adopts an anti-dumping duty (AD) on certain piping products originating in the oil country (OCTG) of Ukraine. Commerce manages the suspension of liquidation and the recovery of cash deposits on July 10, 2019. In addition, Trade is conducting an administrative review of the agreement. On February 6, 2020, the United States and Korea informed the DSH of the procedures agreed pursuant to Articles 21 and 22 dSU (sequencing agreement). Therefore, the parties agreed not to challenge the report of a compliance panel established under Article 21.5 of the DSU and, if the parties agree on arbitration procedures under Article 25 of the DSU to provide for a review of the compliance panel`s report, they would amend the agreement accordingly. On July 29, 2019, Korea sought DSB authorization to suspend concessions or other commitments under Article 22.2 of the DSU, as the United States failed to comply with the DSB`s recommendations and decisions within the reasonable time frame. On August 8, 2019, the United States objected to Korea`s proposed suspension of concessions under Article 22.6 of the DSU.