labels: economy - general
Indian exports face anti-dumping action news
07 June 2007

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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Indian exports face anti-dumping action