The U.S. International Trade Commission (USITC) today determined that termination of the suspended investigation on uranium from Russia would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.
As a result of the Commission’s affirmative determination, the suspension agreement on imports of this product from Russia will remain in effect.
Chairman David S. Johanson and Commissioners Rhonda K. Schmidtlein, Jason E. Kearns, Randolph J. Stayin, and Amy A. Karpel voted in the affirmative.
Today’s action comes under the five-year (sunset) review process required by the Uruguay Round Agreements Act. See the attached page for background on this five-year (sunset) review.
The Commission’s public report Uranium from Russia (Inv. No. 731-TA-539-C (Fifth Review), USITC Publication 5416, March 2023) will contain the views of the Commission and information developed during the review.
The report will be available by April 28, 2023; when available, it may be accessed on the USITC website at: https://www.usitc.gov/commission_publications_library.
BACKGROUND
The Uruguay Round Agreements Act requires the Department of Commerce to revoke an antidumping or countervailing duty order, or terminate a suspension agreement, after five years unless the Department of Commerce and the USITC determine that revoking the order or terminating the suspension agreement would be likely to lead to continuation or recurrence of dumping or subsidies (Commerce) and of material injury (USITC) within a reasonably foreseeable time. Read More→
https://www.usitc.gov/press_room/news_release/2023/er0323_63706.htm
