ndonesia’s Trade Ministry says it will carefully “monitor” Malaysia’s antidumping duty imposed on Indonesian plastic goods and may bring the matter to the World Trade Organization (WTO) “if necessary”, while experts urge swift action to protect domestic industries.
The move comes after Malaysia announced on Tuesday that it had imposed a five-year antidumping duty on imports of polyethylene terephthalate (PET) from Indonesia and China.
PET is a transparent thermoplastic polymer, commonly used in textiles as well as in packaging for food and beverages containers.
Kuala Lumpur said its decision came after an investigation was initiated in August, following a petition from a local producer in Malaysia.
Malaysia’s Investment, Trade and Industry Ministry (MITI) said in a statement released on Tuesday that it had found PET being imported into Malaysia at prices below those in Indonesia and China, “causing material injury to the domestic industry in Malaysia producing the like product”.
It subsequently slapped a 37.4 percent duty on all incoming Indonesian PET exports beginning on May 7, while those from China are subject to tariffs ranging from 2.3 percent to 11.7 percent.
The duties on PET imports are to remain in effect until May 6, 2030.
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