“The  anti-dumping law will cause  price hikes for local products but  only at the initial stage and slightly”

“The anti-dumping law will cause price hikes for local products but only at the initial stage and slightly”

access_time2019-09-11 16:30:32

“There are certain risks that the anti-dumping law, which is planned to be adopted in the near future, will be implemented. The law can be adopted but remain on paper, ” Levan Silagava, head of the Georgian Producers' Federation, says.

According to Silagava, after the law is passed, its implementation should be very strictly controlled by both the government, public organizations and the media - the law should not be used to harm   the country and business.

As reported, price control will be carried out  by the Competition Agency.

 In the words of  the head of the Producers' Federation, all sectors of the economy and business associations were involved in the discussion of anti-dumping law.

“There have always been many questions, in particular, whether the  anti-dumping legislation will reduce imports? I can say that the draft law takes into account the interests of both local producers and importers, ” he points out.


In particular, the draft law provides for a lot of filters that prevent illegal restrictions on the activities of importers.

“In general, the document provides many mechanisms to protect importers. In the period of the investigation,  the importer can keep working using temporary tariffs, and if the dumping charges are not confirmed, the tariffs will be abolished,” Silagava notes

 

There are also concerns that  the  anti-dumping law will cause  price hikes for local products but  as Levan Silagava notes,  only at the initial stage and slightly.


“It seems to many that this law is not socially oriented, since dumping at some stage can be beneficial for the most vulnerable people. But the state should focus on long-term development, and the  anti-dumping law will boost the  local production, ” Levan Silagava stresses.


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