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This is an archive article published on May 3, 2003

India on top in carrying out anti-dumping investigations

The WTO on Friday said India heads its list of countries carrying out anti-dumping investigations even as it announced that the number of an...

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The WTO on Friday said India heads its list of countries carrying out anti-dumping investigations even as it announced that the number of anti-dumping probes fell significantly in the second half of last year compared to the same period a year earlier.

As many as 149 investigations were launched by 17 WTO members between July and December 2002, the WTO’s secretariat said in a written statement, with India heading the list with 54 investigations into exports from another country, followed by Thailand, Australia and the US. The figures compare to 210 anti-dumping probes by 23 members in the same six-month period a year earlier.

China tops the list of countries subject to anti-dumping investigations, the WTO said.

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Most of the investigations involved the base metals sector, such as iron, steel and aluminium products, followed by chemicals and plastics.

After investigations, 16 WTO members imposed 106 final anti-dumping measures against exports from other countries.

India imposed the highest number of final measures during the second half of 2002. Dumping is the selling of goods at an unfairly low price. WTO agreements allow governments to act against dumping when there is material injury to the competing domestic industry.

Anti-dumping action normally involves charging extra import duty on a product from a particular exporting country to bring its price closer to the normal value, or remove the injury to the domestic industry.

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