Source · Select Committees · Business and Trade Committee
Recommendation 33
33
We share the concerns expressed to us that the Trade Remedies Authority’s recommendation to revoke...
Conclusion
We share the concerns expressed to us that the Trade Remedies Authority’s recommendation to revoke safeguards on nine categories of steel imports was not based on an open dialogue with industry and had therefore missed the wider impact its decision would have had on UK steel producers. These concerns also appear to be shared by the UK Government as demonstrated by its decision to overrule the Trade Remedies Authority’s recommendation and grant industry more time to appeal its decision. A two-way dialogue with industry must inform future recommendations by the Trade Remedies Authority and we welcome the opportunity given to both parties to do so. (Paragraph 165) Decarbonisation
Government Response
Acknowledged
HM Government
Acknowledged
33. We welcome the Committee’s acknowledgment that BEIS acted properly in this matter, and that the British Business Bank rightly operated independently and made decisions in accordance with its own procedures and practices.