US Tape Makers Seek Duty On Indonesia's Pitamas

Law360, New York (November 19, 2010, 12:00 AM EST) -- Indonesia's self-adhesive plastic tape industry, controlled by PT Pitamas Indonusa, is competitive in the global market and should not get preferential duty-free treatment for its exports to the U.S., a group of domestic producers including 3M Co. has told the U.S. International Trade Commission.

The Pressure Sensitive Tape Council's brief, filed with the commission Wednesday, seeks to have Indonesia's duty-free treatment under the U.S. Generalized System of Preferences withdrawn.

Such a decision would subject Pitamas, which is responsible for the "vast majority" of the country's U.S....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.