India imposes levy on all imported measuring tapes as Chinese dumping continues via third countries - News Summed Up

India imposes levy on all imported measuring tapes as Chinese dumping continues via third countries


The finance ministry not only re-imposed anti-dumping duty on Chinese measuring tapes made up of steel and fibreglass on July 8, but also extended the same to imports from other countries so that Chinese products cannot be re-routed through a third country, the officials said requesting anonymity. The DGTR is a single-window agency providing a level-playing field to domestic industry against unfair trade practices of countries like China. “Antidumping duty measures have to be coupled with measures to prevent circumvention of the rules so as to ensure that the domestic industry is not unfairly targeted by non-domestic players,” she said. DK Aggarwal, president at the PHD Chamber of Commerce & Industry said that China has been resorting to unfair trade practices. “As a result, unfair competition from low cost imported (Chinese) products has impacted the sentiments of domestic manufacturers, resulting in significant effect on production processes and employment creation,” he said.


Source: Hindustan Times July 12, 2020 11:47 UTC



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