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News

Anti-dumping duty imposed on Chinese mulberry silk

04/02/2016

NEW DELHI: Government has imposed $1.85 per kg anti-dumping duty on mulberry raw silk originating from China to protect domestic industry from cheap inbound shipments.

EU seeks protection from Chinese ‘market economy’

03/02/2016

EU trade commissioner Cecilia Malmstrom signalled openness to recognising China as a market economy, but said the EU was looking into the implications and which rules could be used to protect European businesses from excessive dumping of cheap goods by China.

VN: Trade remedies should protect business interests

03/02/2016

HA NOI (VNS) — While remedial measures are necessary following strong liberalisation of trade, the protection of domestic steel producers' interests while applying these measures is a problem, industry insiders have said.

Tyre Makers Seek Protection Against Dumping From China

02/02/2016

Ahead of the Budget, domestic tyre manufacturers have called for imposition of anti-dumping duty and hiking of customs duty on cheap bus and truck radials from China, saying existing investments in the sector have been seriously threatened.

Tobacco import row with Thailand elevated to WTO

02/02/2016

THE PHILIPPINE has brought to the attention of the World Trade Organization (WTO) the inconsistency of Thailand’s actions relating to the rulings issued by the agency on the importation of imported cigarettes.

WTO Tariff Removal Makes Electronics, IT Cheaper

02/02/2016

The World Trade Organization (WTO) handed the IT industry a bit of holiday cheer and set the stage for a multi-year rollout of tariff reductions. The WTO agreed to remove tariffs from an additional 201 IT products during its December 2015 Tenth Ministerial Conference in Nairobi, Kenya. The agreement, an expansion of the 1996 Information Technology Agreement and is the result of negotiations between 53 WTO member countries that began in 2012 and continued this past summer, expand the list of IT products covered. The deal now includes: a new generation of semiconductors; GPS navigation systems; tools for manufacturing printed circuits; telecommunications satellites; touch screens; and some state-of-the-art medical products.

What Kenya can do to gain from lifting of WTO farm subsidies

02/02/2016

Developing nations fought a good fight at the latest round of the World Trade Organisation (WTO) talks.Their lobbying appears to have borne fruit, with pledges to have farm subsidies in developed countries come to a stop – or at least become significantly diminished – by 2020.

Vietnam continues to remove tax barriers

01/02/2016

The market for Vietnamese enterprises to trade goods, attract investment and participate more deeply in the regional production and supply chains, was opened up with the formation of the ASEAN Economic Community (AEC) on the last day of 2015. The formation of the AEC meant a series of tariff and non-tariff barriers were removed. Following the achievements of the ASEAN Free Trade Area (AFTA), in the AEC environment, taxation commitments are a priority to facilitate trade liberalisation and the free flow of goods, investment and labour within the region.