India: At petitioner’s behest, dumping probe into polypropylene import stopped

01/06/2011 12:00 - 362 Views

Reliance Industries Ltd, which sought the probe initially, had asked to stop the investigation.

The Designated Authority in the Commerce Ministry has terminated the anti-dumping probe into imported polypropylene from South Korea, Taiwan and the US, following a plea by the petitioner Reliance Industries Ltd for termination of the investigation.

In a recent termination notification, the Authority has said that earlier it received a written petition from Reliance Industries Ltd for initiation of anti-dumping investigation into the import of polypropylene (that is, homo-polymers and co-polymers of propylene) and accordingly served notice to the subject countries under probe to provide details through a notification on February 10, 2010.
Meanwhile, the Authority said that the dominant domestic manufacturer of the subject goods sought the termination of the investigation and accordingly it has terminated the investigation into import of the subject goods from these countries according to the Anti-Dumping Rules enshrined in the Act.

New Delhi, May 31, 2011
Source: thehindubusinessline.com