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Worth its Salt: Ilyashev & Partners Successful for Mozyrsalt in Anti-Dumping Investigation

Worth its Salt: Ilyashev & Partners Successful for Mozyrsalt in Anti-Dumping Investigation

Ukraine
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Ilyashev & Partners has successfully protected the interests of Mozyrsalt OJSC, one of the largest producers of "salt extra" in the region, in an anti-dumping investigation on imports of white evaporated salt extra originating from Belarus into Ukraine.

Mozyrsalt was founded in 1982 as an associated company of Belarus State Concern Belgospischeprom. The company produces evaporated salt with various mineral supplements, tablet salt, salt-containing additives, etc. It supplies its products to 19 neighboring CIS and other non-CIS countries.

The anti-dumping investigation was initiated by the Interdepartmental Commission on International Trade on October 25, 2017, following a complaint lodged by Russol-Ukraine LLC.

According to Ilyashev & Partners, "further to the results of the anti-dumping investigation, on January 25, 2019 the Interdepartmental Commission on International Trade relieved Mozyrsalt OJSC from the obligation to pay an anti-dumping duty and approved the minimum price rates that suit both the Belarusian producer, as well as the Ukrainian consumers."

According to a statement released by the firm, "reaching a price agreement is a rare event in Ukrainian practice of conducting trade investigations which essentially means a 'peaceful agreement' between the state and the exporter."

The Commission has established an anti-dumping duty in the amount of 11.85% for other foreign salt producers.

“The Interdepartmental Commission on International Trade has reached a compromise decision," said Partner Olena Omelchenko, who led the firm's team on the matter, "that will [maintain] the balance of trade interests between Ukraine and the Republic of Belarus, satisfying Ukrainian consumers and our client."

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AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

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Firm's website: www.avellum.com

 

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