Hollow Gold Jewellery from Italy: Initiation Summary
[ Last Updated 25 January 2006 ]
2 July 2001
Contents
Description of Goods
Hollow 9 carat gold jewellery being chains, necklaces, bracelets, bangles and earrings including parts and sets thereof, in any colour variation, but excluding the following:
- finished parts for fastening such as clips and clasps,
- jewellery and parts thereof, containing gemstones, and semi-precious stones including jade.
Country/Countries of Origin
Italy
Investigation "Milestones"
Date of Initiation: | 12 June 2001 |
Earliest date on which Provisional Measures may be imposed:* | 11 August 2001
Note: Provisional measures have not been requested |
Latest date for release of Essential Facts and Conclusions:** | 9 November 2001 |
Latest date for final decision by Minister of Commerce: | 9 December 2001 |
| * Provisional measures-(1) If, at any time after 60 days from the date on which an investigation has been initiated by the Secretary under section 10 of this Act (not being an investigation that has been terminated under section 11 of this Act),- |
| | (a) | The Minister has reasonable cause to believe, in relation to the importation or intended importation of goods into New Zealand that- |
| | | (i) | The goods are being dumped or subsidised; and |
| | | (ii) | By reason thereof material injury to an industry has been or is being caused or is threatened or the establishment of an industry has been or is being materially retarded; and |
| | (b) | The Minister is satisfied that action under this section is necessary to prevent material injury being caused during the period of investigation,- |
| the Minister may, by notice, give a provisional direction that payment of duty in respect of the goods shall be secured in accordance with sections 156 and 157 of the Customs and Excise Act 1996, except that the rate or amount of duty to be secured shall not exceed the difference between the export price of the goods and their normal value, or the amount of the subsidy, as the case may be. |
| **Notice to parties to investigation-(1) Subject to subsection (2) of this section, within 150 days after the initiation of an investigation under section 10 of this Act, the Secretary shall give to the parties to the investigation referred to in section 9(b) of this Act written advice of the essential facts and conclusions that will likely form the basis for any final determination to be made under section 13 of this Act. |
Summary of Factors Leading To Initiation
Background
On 4 October 2000, the Ministry of Economic Development accepted a properly documented application on behalf of the industry, alleging that imports of hollow gold jewellery from Italy were being dumped and by reason thereof causing and threatening to cause material injury to the New Zealand industry.
Material Injury
The application provided sufficient evidence that import values and by inference volumes of the subject goods have increased significantly in absolute terms and relative to production and consumption in New Zealand.
There was sufficient evidence that prices are being undercut, and that prices are being depressed and suppressed.
There was also sufficient evidence that there has been a consequent economic impact in the form of a significant decline in output, sales, market share and profits.
There is evidence of some other adverse affects.
Investigation Process
Submissions and comments have been sought from parties known to have an interest in this matter, including importers and overseas suppliers. These submissions, together with the information provided by the New Zealand industry will be examined and analysed by the Investigating Team. The outcome of this examination and analysis will then be reported to the Minister of Commerce together with recommendations as to whether any remedies are necessary.
Should the examination, and where necessary, verification, of the information provided show that there is material injury or a threat of material injury as a result of dumping, the Minister of Commerce may direct the imposition of anti-dumping duties.
Further Information
Should there be any further information required or if there are any queries please contact the Trade Remedies Group on telephone +64-4-473 0030 or facsimile +64-4-499 8508. Enquiries by email should be directed to traderem@med.govt.nz.
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