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News

Biofuel trade war ready to ignite

31/05/2008

European Commission reportedly set to support anti-dumping complaints against subsidised US biofuel

EuroChem to supply carbamide to US duty free

28/05/2008

The US Department of Commerce has set a zero import duty on carbamide supplied by EuroChem, the Russian mineral and chemical company said in a statement today.

‘Lack of proper distribution causes food crisis’

28/05/2008

New Delhi, May 26 The present food crisis is due to lack of proper distribution and the trading system impeding free flow of food, according to the vice chairman of International Chamber of Commerce (ICC), Victor Fung.

Brussels trade war with US looms over biofuel

28/05/2008

Peter Mandelson, the European commissioner, has fired the first salvo in a potential transatlantic trade war by agreeing to challenge the US over its biofuel subsidies, which are chasing British and continental firms out of business.

India, Indonesia and China present new proposal on fisheries subsidies

28/05/2008

Exceptions to potential future WTO rules on fisheries subsidy spending featured prominently during a 13-16 May session of the WTO Negotiating Group on Rules. In addition to a proposal on these exceptions by India, Indonesia and China delegates discussed general disciplines and technical assistance.

Chinese tyre imports surge despite dumping duty

28/05/2008

Price differences at 10-30% The anti-dumping ruling on the imports of truck and bus tyres in July 2007 does not seem to have reduced the share of Chinese tyres in the domestic replacement market, as the price difference in the product made in the two countries continues to be in the range of 10-30 per cent.

Steel bar prices in India higher than Pakistan

28/05/2008

KARACHI: The prices of steel bars in India are way higher compared to Pakistan despite the fact that Pakistan is a net importer and India is a net exporter of iron ore the basic constituent of steel making.

EC grant NEPT status to 5 firms in castings AD case

28/05/2008

European Commission announced that its determination on claim for New Exporting Producer Treatment (NEPT) submitted by Chinese companies in the anti dumping case concerning castings.