Thai authorities are preparing to oppose Vietnam’s plan to impose a 34% anti-dumping tax on sugar imports from Thailand, which is based on a claim that Thai exporters are gaining an advantage over their Vietnamese competitors because of lower costs.
The Thai Industry and Commerce ministries are planning their strategy following a media report that Hanoi launched a probe into the issue and, according to its preliminary findings, found the accusation has grounds.
The investigation, which began in September last year, found subsidies as dumped sugar from Thailand sharply increased to 1.3 million tonnes in 2020, up 330% from 2019, said the media report, citing the Vietnamese Industry and Trade…
