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Tyre makers gearing up for second round of price hike
21/06/2008
India - Tyre makers are lining up for a second round of price hikes, close on the heels of one effected earlier this month. The proposed hike, expected to be announced in another fortnight’s time, will be applicable to all types of tyres. At 5-7% across the board, it will be significantly higher than the first round of price hikes announced this month.
US seeks China backing for Doha trade accord
21/06/2008
AmCham upbeat on economic talks
21/06/2008
Thailand seeks US upgrade on IPR
21/06/2008
EU LAUNCHES INVESTIGATION INTO U.S. BIODIESEL IMPORTS
18/06/2008
The European Union has opened anti-subsidy and anti-dumping investigations into imports of biodiesel from the United States, following complaints by the European biodiesel industry of subsidies to the U.S. biodiesel sector and American dumping of biodiesel on the European market. The European Commission will investigate these allegations and determine whether countervailing measures are justified under European trade rules.
EU acknowledges Vietnam’s achievements on export diversification & competitiveness via partial GPS
18/06/2008
“The review of our Generalised System of Preferences (i.e., the preferential tariffs for the poorest countries) has confirmed Vietnam’s success in diversifying its exports to the EU and reduce over-dependency on single commodities. Likewise, the review underlines the robustness and competitiveness of Vietnam’s footwear sector”, Ambassador and Head of the Delegation of the European Commission in Vietnan, Sean Doyle declared in a press briefing on June 13.
China Dissatisfied With US Countervailing Ruling on Steel
17/06/2008
Beijing, 11 Jun (Xinhua) - The US Department of Commerce announced its final ruling on antidumping and countervailing duty investigations into imports of standard steel pipes from China on 30 May. Its finding was that the Chinese enterprises concerned benefited from government subsidies at rates ranging from 29.57 per cent to 615.92 per cent. The news spokesman of the Ministry of Commerce said a few days ago that China was strongly dissatisfied with and firmly opposed to the US Department of Commerce for upholding its preliminary ruling that the countervailing duty law applied to China and for continuing to use some of the wrong methods used in the preliminary ruling in its final determination.
