FOR IMMEDIATE RELEASE
September 18, 2003
COGEMA, INC. STATEMENT REGARDING U.S. COURT OF INTERNATIONAL TRADE RULING
Bethesda, MD – The U.S. Court of International Trade,
once again, has rejected the Department of Commerce’s attempt to apply the antidumping duty law to the sale of enrichment services. In a well-reasoned and lengthy determination, the Court held that the Department’s attempt to treat the sale of enrichment services as being “equivalent” to the sale of merchandise was contrary to law and to the record evidence before the Court and the Department. The Court’s decision was made as a matter of law, and took the form of an outright reversal of the Department, not a remand for further justifications by the Department.
The Court did not overturn the Department’s determination that the countervailing duty
law can be applied to enrichment services transactions, even though the statutory provision
involved, applies only to the purchase of goods. For this and other reasons, COGEMA and Eurodif believe that the Court’s countervailing duty determination is not sustainable.
The overall appeals process, of which this week’s decisions are a part, is
continuing. COGEMA and Eurodif are confident that the final resolution of these cases
will be favorable and charges of dumping and subsidization found to be unwarranted.
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COGEMA, an AREVA group company, is a world leader in the nuclear fuel cycle.
It offers a wide range of products and services meeting stringent health, safety and
environmental production requirements to electric utilities worldwide. COGEMA also offers
services to industry based on its nuclear experience and expertise.
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For further information, please contact directly:
Penny Phelps
Tel: 301-652-9197
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