Now open: Public consultation on draft ordinance on proceedings for the assessment of public interest within trade defense measures
The Secretariat of Foreign Trade of the Ministry of Development, Industry and Trade and Services (“SECEX“, in its Portuguese acronym), by means of Circular No. 12, published on 04.10.2023, set a 30-day deadline (extended for additional 30 days by means of Circular No. 14, published on 04.27.2023) to gather contributions from the civil society regarding the draft ordinance that provides for new procedures for the assessment of public interest (“API“) in the context of trade defense measures (“New Ordinance“). The proposal entails comprehensive changes in both the API legal institute and its current procedure. If adopted, the New Ordinance will fully revoke the current SECEX Ordinance No. 13/2020, as amended by SECEX Ordinance No. 237/2023 (link).
Deadline for contributions
Contributions to the public consultation must be submitted until June 15, 2023, through the “Participa + Brasil” platform (link).
API: Main changes under discussion
The Anti-dumping and Subsidies Decrees (Decrees No. 8,058/2013 and No. 10,839/2021) authorizes, under extraordinary circumstances, the suspension or amendment of definitive anti-dumping and countervailing measures, and the non-imposition of such measures on a provisional basis, for public interest reasons.
Should the New Ordinance be approved, it would significantly change the current API regime, a tool to which Brazilian companies resort in the context of trade defense investigations. The comparative chart below summarizes the most important aspects of the reform proposed by SECEX: