HCMC - The Vietnam Sugar and Sugarcane Association (VSSA) has proposed the Ministry of Finance impose respective duties of 80% and 85% on raw and refined sugar imports beyond the annual quota to protect the local sugar sector.
HCM CITY -- Government approval for importing 100,000 tonnes of sugar will help meet demand in the local market, but cannot bring down prices because the distribution system is poor, economists say.
Chief executive of POSCO, South Korea's top steelmaker, said "protectionism" by the United States and other countries could have an adverse impact on the company's exports, media reports showed on Friday.
Chinese authorities reached a preliminary decision in April that Japanese, South Korean and Turkish companies were dumping acrylic fibers on the country.
Arvind Subramanian had in March 2013 suggested to the United States to address frictions with India over its protectionist measures through World Trade Organization (WTO) dispute settlement procedures.
As developing country groups tabled two separate papers for WTO talks on farm subsidy reform, trade sources told Bridges that the reactions of major economies are likely to determine how negotiations now evolve.
China's Commerce Ministry said on Thursday it was deeply concerned about protectionism in the U.S. steel sector and urged the United States to strictly abide by World Trade Organization rules.
As a construction boom spurs steel demand across Southeast Asia, countries such as Vietnam, Indonesia and Thailand are challenging a flood of imports from China by retooling their steelmaking technology or imposing tariffs.