India third largest initiator of anti-dumping measures

India third largest initiator of anti-dumping measures

By agencies   |   Wednesday, 26 October 2005, 07:00 Hrs
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NEW DELHI: India has emerged as the third largest initiator of the new anti-dumping measures during the first half of 2005, after South Africa and the European Union, the WTO said.

It also said the number of initiation of anti-dumping duties reported by India has more than tripled.

In its semi annual report on the state of anti dumping duty, the Geneva based global trade monitoring body reported that in the period between January 1 and June 30, the number of initiations of new anti dumping investigations and the number of new measures applied continues their downwards trend.

Among the countries that reported anti-dumping measures are South Africa with 17, which was the highest, followed by the European Union with 15 and India with 13 reported the new initiations during the corresponding period of 2005.

After China and Taiwan, India was the third most frequent subject of anti dumping initiation with eight initiations with respect to its export.

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