Commercial Information Circulars
24-hour hotline : 23 922 922
e-mail address : enquiry@tid.gov.hk
Ref : EIC 111/3/10/1
22 June 2011
Dear Sirs,
Commercial Information Circular No. 357/2011
US : Valuing the Factor of Production (Labour) in Antidumping Proceedings involving Non-market Economies
The US Department of Commerce (DoC) issued in the Federal Register (FR) of 21 June 2011 a notice to announce changes in the methodology it used to value the cost of labour in antidumping (AD) proceedings involving non-market economy (NME) countries. The revised methodology is effective with immediate effect. The FR notice is available at:
http://www.gpo.gov/fdsys/pkg/FR-2011-06-21/pdf/2011-15464.pdf.
DETAILS
2.The trade was informed via Commercial Information Circular No. 121/2011 dated 22 February 2011 of the DoC's proposal to address its interim methodology for valuing labour in NME AD proceedings. After reviewing the comments received, the DoC has determined that it will value the NME respondent's labour input using industry-specific labour costs prevailing in the primary surrogate country, as reported in "Chapter 6A: Labour Cost in Manufacturing" of the International Labour Organization (ILO) Yearbook of Labour Statistics. Please refer to the FR notice for more details on this single country wage rate methodology.
ENQUIRIES
3.For enquiries concerning this circular, please contact the undersigned at telephone number 2398 5682.
Yours faithfully,
(Miss Carmen CHAN)
for Director-General of Trade and Industry
Note :
While every effort is made to ensure the accuracy of the above information, the Department cannot guarantee this to be so and will not be held liable for any reliance placed on the same.