Epoxy curing agent News Madagascar makes final ruling on safeguard measures for imported paint

Madagascar makes final ruling on safeguard measures for imported paint

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On March 10, 2023, the WTO Committee on Safeguards released the notification of safeguards submitted by the Madagascar delegation on the same day. Madagascar made an affirmative final ruling on the safeguard measures for imported paints (Peintures), ruling that the surge in imports of the products involved in the case has caused substantial damage or threat of damage to the domestic industry in Madagascar, and it is recommended to implement safeguard measures for the products involved in the form of quotas (see the attached table for details) 18% safeguard measure tax is imposed on the products involved in the case whose import volume exceeds the quota. This case involves products under Madagascar tax codes 3208 and 3209.

On June 1, 2022, Madagascar launched a safeguard investigation on imported paint. On December 7, 2022, the WTO Committee on Safeguards released the notification of safeguard measures submitted by the Madagascar delegation.
à l’eau) imposed a 17% temporary safeguard measure tax on oil-based paints (peintures à
l’huile) imposes a 35% temporary safeguard tax, valid for 200 days, and the Madagas tax codes of the products involved are 320611, 320619, 320620, 320641, 320642, 320649, 320650, 320710, 320720, 320730, 320740, 320810 , 320820, 320890, 320910, 320990, 321000, 381400, 390512, 390690, 390730, 390750, and 390950.

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