Anti-dumping duty Current Affairs, GK & News

India’s anti-dumping probe against China, Thailand and Vietnam

The Ministry of Commerce has recently initiated the anti-dumping investigation against China, Vietnam and Thailand. The investigation is against the import of solar cells from these countries. The investigation has been started by the Ministry following the application submitted by the Indian Solar Manufacturer Association. What is the issue? The solar cells are the basic ..

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Union Cabinet approves India-Bangladesh Cooperation in Trade

The Union Cabinet recently approved the Memorandum of Understanding signed between the Director General of Trade Remedies of India and Trade and Tariff Commission of Bangladesh. The agreement was signed to increase the cooperation in the area of trade remedies. The agreement was signed on March 27, 2021. Key Highlights The agreement aims to promote ..

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India and 17 countries face U.S. Anti-Dumping Tax

The United States Department of Commerce is all set to tax aluminium sheet exporters from the 18 countries including India after the department determine that these countries had benefited from subsidies and dumping. Highlights This decision was taken by the US Department of Commerce after several U.S. aluminium alloy manufacturers complained that they were being ..

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Union Cabinet approves norms for Mandatory Packaging in Jute MAterials

On October 29, 2020, the Union Cabinet approved by PM Modi approved that 20% of sugar and 100% of food grains should be mandatorily packed in jute bags. Highlights This decision will help in diversifying jute industries. The mandatory jute packing norms have been introduced under Jute Packaging Material Act, 1987. However, when in shortage ..

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GoI: Anti-Dumping Duty imposed on steel from China, South Korea and Vietnam

The Government of India recently imposed anti-dumping duty on the steel imported from China, South Korea and Vietnam. Highlights The duty has been imposed on steel products that are imported from these countries below its associated normal value. This is causing the dumping and leads to unfair trade in India. The issue was found by ..

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