Law No. 554-II “On protectionist measures, anti-dumping and countervailing duties.”

The scope of this Law is to regulate relations in the field of application of protective measures, anti-dumping and countervailing duties when importing goods to eliminate serious damage or the risk of causing serious damage to the economic sector. An investigation for the purpose of applying protective measures, anti-dumping and countervailing duties is carried out to establish the presence of increased imports of goods, imports of goods at dumping prices or imports of subsidized goods into the customs territory of the Republic of Uzbekistan and the resulting serious damage or risk of causing serious damage to the economic sector. The investigation is carried out by an authorized body determined by the Cabinet of Ministers of the Republic of Uzbekistan. Protective measures shall be intended measures to limit the increased import of goods, applied in the form of restrictions on the import of goods in relation to their quantity and (or) value (import quota), a special duty levied in excess of the import customs duty, or other measures aimed at limiting the increased import of goods. Protective measures are applied in the amount and within the time frame necessary to eliminate serious damage or the risk of causing serious damage to an economic sector due to increased imports of goods. The duration of protective measures should not exceed four years. Import of goods at dumping prices is the import of goods into the customs territory of the Republic of Uzbekistan, the export price of which is lower than its normal value. Anti-dumping duty is applied regardless of the collection of taxes and other mandatory payments established by law. The validity period of the anti-dumping duty should not exceed five years from the beginning of its application. A countervailing duty is a duty applied over and above the import customs duty on the import of a subsidized product. It is not allowed to simultaneously apply countervailing and anti-dumping duties to one product. Subsidies (also from foreign states) are subject to application of countervailing duty if they are specific. The countervailing duty is applied regardless of the collection of taxes and other obligatory payments established by law. The validity period of the countervailing duty should not exceed five years from the beginning of its application. This Law contains VI Sections divided into 30 Articles. Section 1 lays down general provisions. Section 2 establishes protective measures. Section 3 establishes anti-dumping duties. Section 4 establishes countervailing duties. Section 5 establishes the procedure for conducting investigations. Section 6 lays down conclusive provisions.