New
Delhi: Nearly four per cent of the global anti-dumping
action is against Indian exports, even though India accounts
for only one percent of global exports.
According
to the latest data available with the government, of the
2,938 anti-dumping actions initiated between January 1995
and June 2006, India faced 124 investigations.
At
the recent trade policy review meeting on India at the
World Trade Organisation headquarters in Geneva, India
pointed out that of the124 anti-dumping investigations
against it, measures were introduced in 69 cases, which
lead to considerable loss of trade.
According
to Ajay Sahai, director general, Federation of Indian
Exporters, the range of anti-dumping duty on Indian exports
ranges from 5 per cent to 20 per cent. The European Union
tops the list with around 11 anti-dumping cases against
Indian exports, followed by the United States, South Africa
and Canada.
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