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News

Unfolding of crisis leads to more protectionist measures - KOTRA

02/01/2009

Amid the economic meltdown and slowdown in demand, countries, far and wide are putting in to place tariff barriers to protect their domestic industries. This factor is contributing more to the slowdown in exports than anything else. This bare fact has been recognized by the Korea Trade-Investment Promotion Agency (KOTRA) in a report.

Steel Industry Urges Indian Govt To Hike Import Duty

02/01/2009

Indian Steel industry impels the government of India to increase import duty and imposition of countervailing duty on steel items in order to examine the cheap arrivals of the commodity from abroad.

Protectionism on the Surge

02/01/2009

With the textile export to EU growing at a pace faster than anticipated, the joint efforts to slow down Chinese shipment to this market in a predetermined arrangement known as "bi lateral check" seem to be abortive, more and more producers there seem to grow out of their patience with EU's past deal with China. A new wave of trade protectionism is coming on the surge…

China ponders anti-dumping measures on polymers to protect local industry

02/01/2009

Asian polymer markets are currently facing the onslaught of influx of low priced cargoes from South Korea, USA and Middle East. Players from these countries are offloading material at cheaper rates to several countries to prevent a domestic crisis.

USW Urges U.S. to Reject Latest Doha Paper for WTO Rules

02/01/2009

PITTSBURGH, Dec. 29 /PRNewswire-USNewswire/ -- Leo W. Gerard, President of the United Steelworkers (USW), today issued a statement and release of a letter calling on the Bush administration's top negotiators in the Doha Round of the World Trade Organization (WTO) to again reject the latest draft rules that would weaken workers' defense against predatory trade practices by undermining U.S. trade laws on illegal dumping and subsidies.

The future of the WTO Doha Round

02/01/2009

The collapse of global trade negotiations in July of this year largely resulted from India's demand that developing countries be allowed to apply high, temporary tariffs to stem imports above a threshold level that could harm local producers

New WTO Negotiating Paper Continues Pattern of Unbalanced Trade Decisions

02/01/2009

WASHINGTON, Dec. 29 /PRNewswire-USNewswire/ -- New negotiating texts on anti-dumping and subsidies released by the World Trade Organization (WTO) reflect how far the negotiations are from being an acceptable basis for conclusion for the United States. As 2008 comes to an end, the WTO dispute settlement system continues its unacceptable pattern of rewriting the rules of trade remedies.

Stainless steel industry against anti-dumping probe

31/12/2008

All India Stainless Steel Industries Association, the apex body of stainless steel utensils and cutlery manufacturers, has opposed the probe and possible levy of anti-dumping duty on stainless steel imports which it said would affect the industry adversely.