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Imported set top boxes may cost more

23/01/2008

NEW DELHI: Imported set top boxes (STB),mandatory with cable TV connections in some parts ofDelhi, Mumbai and Chennai, may cost more nextfiscal. The government is considering a proposal to impose 5% Customs duty on STBsin a move to encourage domestic manufacturing.

EU remains disappointed at US biodiesel export subsidies

23/01/2008

Ambassador John Bruton, Head of the EU Commission Delegationto the United States, expressed disappointment this week (14th Januray) at thefailure of efforts to repeal anti-competitive US biodiesel blending subsidies,which threaten the European biodiesel industry and leave US taxpayerseffectively subsidizing European motorists.

EU pursues legal action against U.S. subsidized biodiesel

23/01/2008

If the road to hell is paved with good intentions, ablenders tax credit meant to stimulate the domestic biofuels industry hasheaded down a devilish path. The European Union recently announced that it willsue theUnited Statesfor unfair trade practices to prevent U.S.-subsidized biodiesel from floodingits markets, fueling its cars and undercutting its status as world leader inbiodiesel production.

US sets duties on steel nails from China, UAE

23/01/2008

WASHINGTON (Reuters) - The U.S. Commerce DepartmentWednesday set preliminary anti-dumping duties on steel nails fromChina and theUnitedArab Emirates it said were being sold in theUnited Statesat unfairly low prices.

Indian rubber goods producers urge the goverment to allow duty-free import

23/01/2008

Hit byrising price of domestic natural rubber due to heavy rains in Kerala, producersof rubber goods have asked the government to allow duty-free imports of 1 lakhton of synthetic rubber, among other demands, reports Economic Times.

Free trade unbound

23/01/2008

U.S. Trade Representative Susan Schwab on open markets, fightingprotectionist zealots and the anti-corruption aspects of trade agreements.

China knows partnership with India is a win-win for both: Kamal Nath

23/01/2008

Onboard Air India One, Jan 16 (ANI): Union Commerce and Industry Minister Kamal Nath said the most significant outcome of Prime Minister Manmohan Singhs visit toChinais thatBeijinghas recognized that a partnership withIndiais a win- win situation for both.

Report adoption should end salmon dispute, says Commission

23/01/2008

TRADE measures imposed by the EU against Norwegian farmed salmon are set tostay in place, at least for the time being, the European Commission said today.