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Asters' International Trade team secures a no-duty outcome in anti-dumping investigation into UFC imports
Asters, Kyiv, Ukraine,
Wed, Aug 1, 2018
Asters successfully defended a leading chemical producer in a 15 months anti-dumping investigation into urea formaldehyde concentrate (UFC) and urea formaldehyde resin (UFR) imports into Ukraine.
The investigation was launched back in April 2017 following the complaint of a national player claiming that foreign UFC and UFR producers and exporters are engaged in unfair trade practices. The Interdepartmental Commission on International Trade supported our client's position eventually finding that UFC and UFR are very different products. With respect to UFC the Commission found no proof that the national industry suffered any injury – hence there were no grounds to impose anti-dumping duties. With respect to UFR a 39.94% duty was imposed.
Asters' International Trade team working on the project consisted of counsel Dmytro Vidsota, associates Olga Vashulenko and Tetiana Bebik led by partner Alexey Pustovit.
Asters is a full-service independent national law firm that has maintained a strong presence in Ukraine since 1995. Asters has extensive industry-specific experience and plays a leading role in advising clients in various market sectors. The Firm has consistently remained at the top of the Ukrainian legal market throughout its history. Asters is a winner of Ukraine Law Firm of the Year 2018 award by Who’s Who Legal and a two-time winner of the Law Firm of the Year: Ukraine and the CIS award (The Lawyer European Awards 2014 and 2015). It is also acknowledged as the Law Firm of the Decade by Ukraine's Legal Awards 2016. Asters holds top positions in the most authoritative international and Ukrainian market reviews: The Legal 500, Chambers Global and Chambers Europe, IFLR 1000, Who's Who Legal, Best Lawyers, Expert Guides, and Top 50 Law Firms Annual National Ranking.