EU and Argentina make deal about biodiesel imports

The EU and Argentina reached an agreement about biodiesel imports from Argentina into the EU. Price and volume limits will be announced within the next month. A European Commission source said that EU countries supported a proposal to impose anti-subsidy duties on Argentine biodiesel imports with an exemption for producers that agree to a minimum price. According to the EBB Argentine exporters will be allowed to export up to 1.2 million tonnes of biodiesel per year without paying duties.

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