Unanimous NAFTA Panel Delivers Case-Ending Victory to Canada in Softwood Lumber Dispute

Oct 05, 2005, 01:00 ET from BC Lumber Trade Council

    VANCOUVER, Oct. 5 /PRNewswire/ - Today the NAFTA Panel on countervailing
 duties (CVD) issued its decision on the U.S. Department of Commerce's fourth
 remand determination. In a unanimous decision for Canada, the Panel overturned
 Commerce's last decision.
     The CVD rate has already been reduced from 18.79 percent to 1.21 percent
 and when the DOC implements today's decision, the rate will be less than 1%
 meaning the duty must be revoked entirely.
     "Canada has now won two major victories with the NAFTA Panels," said John
 Allan, president of the BC Lumber Trade Council. "In August we won the NAFTA
 Extraordinary Challenge Committee decision on threat of injury and today we
 have won the NAFTA Panel decision on subsidy." He pointed out that each of
 these independent NAFTA panels was comprised of a majority of Americans, and
 each ruled unanimously in Canada's favour.
     "The U.S. Administration cannot continue to ignore the decisions of the
 NAFTA Panels. These panels established that Canadian softwood lumber producers
 are not subsidized and that their exports do not injure or threaten the U.S.
 industry. It is time for the U.S. Administration to meet its NAFTA commitments
 and bring this case to a long overdue end by revoking the orders and returning
 the $5 billion CND in duties," added Allan.
     The DOC has been ordered to comply with the remand by October 28, 2005.
 The BC Lumber Trade Council urges the DOC and U.S. Administration to implement
 the decision and respect the NAFTA.
 
     The BC Lumber Trade Council is the voice for companies in British
 Columbia representing the vast majority of BC lumber production. Its member
 companies account for about half of Canadian lumber production and half of
 Canadian lumber exports to the United States.
 
     For more information contact:
 
     Michelle Ward
     NATIONAL Public Relations
     604-684-6655
     604-970-5901 (cell)
 
 

SOURCE BC Lumber Trade Council
    VANCOUVER, Oct. 5 /PRNewswire/ - Today the NAFTA Panel on countervailing
 duties (CVD) issued its decision on the U.S. Department of Commerce's fourth
 remand determination. In a unanimous decision for Canada, the Panel overturned
 Commerce's last decision.
     The CVD rate has already been reduced from 18.79 percent to 1.21 percent
 and when the DOC implements today's decision, the rate will be less than 1%
 meaning the duty must be revoked entirely.
     "Canada has now won two major victories with the NAFTA Panels," said John
 Allan, president of the BC Lumber Trade Council. "In August we won the NAFTA
 Extraordinary Challenge Committee decision on threat of injury and today we
 have won the NAFTA Panel decision on subsidy." He pointed out that each of
 these independent NAFTA panels was comprised of a majority of Americans, and
 each ruled unanimously in Canada's favour.
     "The U.S. Administration cannot continue to ignore the decisions of the
 NAFTA Panels. These panels established that Canadian softwood lumber producers
 are not subsidized and that their exports do not injure or threaten the U.S.
 industry. It is time for the U.S. Administration to meet its NAFTA commitments
 and bring this case to a long overdue end by revoking the orders and returning
 the $5 billion CND in duties," added Allan.
     The DOC has been ordered to comply with the remand by October 28, 2005.
 The BC Lumber Trade Council urges the DOC and U.S. Administration to implement
 the decision and respect the NAFTA.
 
     The BC Lumber Trade Council is the voice for companies in British
 Columbia representing the vast majority of BC lumber production. Its member
 companies account for about half of Canadian lumber production and half of
 Canadian lumber exports to the United States.
 
     For more information contact:
 
     Michelle Ward
     NATIONAL Public Relations
     604-684-6655
     604-970-5901 (cell)
 
 SOURCE  BC Lumber Trade Council