India has introduced an anti-dumping duty of up to $557 per tonne on Epichlorohydrin imports from China, Korea, and Thailand, aiming to shield domestic manufacturers from underpriced imports. The chemical, primarily used in adhesives, was being imported at below-normal prices, risking significant impact on local players.
The five-year duty, outlined by the Department of Revenue, follows a comprehensive investigation by the Directorate General of Trade Remedies (DGTR), part of the commerce ministry. DGTR recommended the levy, highlighting concerns that the low-cost imports were affecting the health of India’s domestic industry. Anti-dumping duties like this one are in line with World Trade Organization (WTO) guidelines and help ensure fair trading practices.
The anti-dumping duty aims to create a level playing field for Indian producers, giving them the opportunity to compete with foreign imports under equitable conditions. Under WTO regulations, member countries can impose such duties when they confirm that domestic industries are threatened by a surge in cheaper imports.
India has actively leveraged anti-dumping measures on various products in recent years, especially against countries like China, to protect its industries and ensure a sustainable market for domestic producers.
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