ID :
118456
Sat, 04/24/2010 - 14:08
Auther :
Shortlink :
https://oananews.org//node/118456
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India initiates probe into dumping of Chinese chemical
ANTI-DUMPING
New Delhi, Apr 23 (PTI) The Indian government has
initiated a probe into the alleged dumping of a chemical,
mainly used in the rubber industry, by China after finding
"sufficient evidence" of injury to the domestic players.
While initiating the investigation concerning imports of
Azodicarbonamide by China, the Commerce Ministry said it would
determine the existence, degree and effect of the alleged
dumping to recommend the amount of duty.
"The Authority... hereby initiates an investigation into
the alleged dumping, and consequent injury to the domestic
industry, to determine the existence, degree and effect of
alleged dumping and to recommend the amount of anti-dumping
measures, which, if levied, would be adequate to remove the
injury to the domestic industry," the Ministry said in a
notification.
Directorate General of Anti Dumping & Allied Duties is
the nodal agency under the ministry for such investigations.
The period of investigation is October 2008 to September
2009.
The investigation has been started on a complaint filed
by Delhi-based Demaco Polymers Ltd.
As many as 11 anti-dumping duties have already been
imposed on Chinese firms from April to February, 2009-10.
Unlike safeguard duties, which are levied in a uniform
way, anti-dumping duties vary from product-to-product and
from country to country.
Countries initiate anti-dumping probes to check if their
domestic industries have been hurt because of a surge in cheap
imports. As a counter measure, they impose duties within the
multilateral regime of the WTO.
Anti-dumping measures are taken to ensure fair trade and
provide a level playing field to domestic industry. It is
not a measure to restrict imports or cause an unjustified
increase in the cost of products. PTI RR
MRD
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information. If you are not the intended
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notify the sender immediately and destroy
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New Delhi, Apr 23 (PTI) The Indian government has
initiated a probe into the alleged dumping of a chemical,
mainly used in the rubber industry, by China after finding
"sufficient evidence" of injury to the domestic players.
While initiating the investigation concerning imports of
Azodicarbonamide by China, the Commerce Ministry said it would
determine the existence, degree and effect of the alleged
dumping to recommend the amount of duty.
"The Authority... hereby initiates an investigation into
the alleged dumping, and consequent injury to the domestic
industry, to determine the existence, degree and effect of
alleged dumping and to recommend the amount of anti-dumping
measures, which, if levied, would be adequate to remove the
injury to the domestic industry," the Ministry said in a
notification.
Directorate General of Anti Dumping & Allied Duties is
the nodal agency under the ministry for such investigations.
The period of investigation is October 2008 to September
2009.
The investigation has been started on a complaint filed
by Delhi-based Demaco Polymers Ltd.
As many as 11 anti-dumping duties have already been
imposed on Chinese firms from April to February, 2009-10.
Unlike safeguard duties, which are levied in a uniform
way, anti-dumping duties vary from product-to-product and
from country to country.
Countries initiate anti-dumping probes to check if their
domestic industries have been hurt because of a surge in cheap
imports. As a counter measure, they impose duties within the
multilateral regime of the WTO.
Anti-dumping measures are taken to ensure fair trade and
provide a level playing field to domestic industry. It is
not a measure to restrict imports or cause an unjustified
increase in the cost of products. PTI RR
MRD
The information contained in this electronic message and any attachments to this
message are intended for the exclusive
use of the addressee(s) and may contain proprietary, confidential or privileged
information. If you are not the intended
recipient, you should not disseminate, distribute or copy this e-mail. Please
notify the sender immediately and destroy
all copies of this message and any attachments contained in it.
Delete & Prev | Delete & Next
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