Technical FAQs 4

What is anti-dumping duty & countervailing duty in Kyrgyzstan?

Anti-dumping duty is a tax imposed on imported goods that are sold at a lower price than their fair market value. Finally, countervailing duty is a tariff imposed on imported goods to offset subsidies given to foreign producers. Kyrgyzstan is taking the necessary steps to protect its economy and citizens.

Will Kyrgyzstan apply anti-dumping duties?

According to the adopted vaguely worded law, Kyrgyzstan will apply anti-dumping duties to goods that can cause material damage to Kyrgyzstan, pose a threat to the economy or slow down its growth. The law could be accessed here

How do customs duties affect the economy of Kyrgyzstan?

In the broader context of Kyrgyzstan’s economy, customs duties directly impact the balance of trade and the overall economic health of the nation. By influencing the flow of goods across borders, these duties contribute to the economic stability of the country.

How do anti-dumping duties work?

Anti-dumping duties are introduced to protect national goods from dumping by importers when they try to sell their products at prices below their cost in order to force competitors out of the market and capture it. The anti-dumping duty is imposed on top of the import duty - which leads to an increase in customs duties.

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