![]() Financial Daily from THE HINDU group of publications Wednesday, Oct 26, 2005 |
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Industry & Economy
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Anti-dumping India third largest initiator of new anti-dumping measures during H1 Our Bureau
New Delhi , Oct. 25 EVEN as India has emerged as the third largest initiator of new anti-dumping measures during the first half of 2005, after South Africa and the European Union, the number of initiations of anti-dumping reported by India has more than tripled, the World Trade Organisation said in Geneva on Monday. In its semi-annual report on the state of anti-dumping duty, the Geneva-based global trade monitoring body reported that in the period January 1 to June 30, the number of initiations of new anti-dumping investigations and the number of new measures applied continued their previously-reported declining trends. During January-June 2005, 15 members reported initiating a total of 96 new investigations, down from 106 initiations in the corresponding period of 2004. A total of 12 members applied for 53 new final anti-dumping measures during the period, compared with 58 new measures applied during January-June 2004. South Africa tops: Among them South Africa, with 17 reported the highest number, compared to five it had reported during the same period of 2004. The European Communities (15), India (13), and China (11) reported the second, third and fourth-highest numbers of new initiations during the 2005 period. These figures compare with 13 for the European Communities, four for India, and 11 for China during the corresponding period of 2004. Following China, in terms of reported new initiations, were Turkey (eight), Egypt (seven), and Malaysia, Mexico and the United States (four each). China remains the most frequent subject of the new investigations, with 22 initiations directed at its exports during January-June 2005 compared with 25 during the corresponding period of 2004. Chinese Taipei was the second most frequent subject, with nine initiations of new investigations directed at its exports, a decline from 14 during the first half of 2004. India was third, with eight initiations in respect of its exports compared with five . The United States was fourth, with seven initiations directed at its exports, compared with eight.Products of new investigations: The products that were the most frequent subject of the reported new investigations were in the plastics sector (25 initiations), followed by chemicals and base metals (16 each). Of the 25 reported initiations in respect of plastics products, China reported seven, South Africa accounted for six, India and Malaysia for four each, the European Communities for three, and Israel for one. In application of new final anti-dumping measures, the United States reported the largest number (13) for the first half of 2005, more than double the number (six) reported for the corresponding period of 2004. China, reporting 10 new measures for the first half of 2005 (compared with four for the first half of 2004), was in second place. India reported seven new measures during the first half of 2005, unchanged from the corresponding period of 2004. Products exported from China remained the most frequent subject of new measures, accounting for 18 of the new measures reported for the first half of 2005, unchanged from the first half of 2004. The United States, in second place, was the subject of six new measures, up from one during the first half of 2004. Korea, in third place, was the subject of four new measures, the same number as during January-June 2004.
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