Commerce Ministry to Rescue Indian Exporters subjected to
Anti-dumping in Foreign Countries
·
PET in US, Stainless Steel in EU
Rescued
·
Trade Defence Wing (TDW)
operations under DOC result in reduction of anti-subsidy duty imposed on Indian
exporters from 11.67% to 2.82%
·
Trade Defence Wing (TDW) under
Department of Commerce bring relief to Indian Exporters
·
Active intervention of Trade Defence
Wing (TDW) results in imposition of duties as low as 0.45% by European
Commission
·
Minimal duty rates imposed on the exports from India in
recent CVD Investigations/ Reviews
To address the needs of Indian exporters, the Directorate
General of Trade Remedies (DGTR) besides conducting investigations against
dumped and subsidised imports from other countries,
also protects the interests of Indian exporters in investigations conducted by
other countries against Indian exports through its Trade Defence
Wing (TDW).
The TDW was established in the year 2016, and has been
the nodal point for extending support and defending the interests of Indian
exporters in investigations undertaken by other countries against India. The
TDW coordinates with various departments of the Central as well as the State
Governments and presents India’s defence.
Consultations with investigating authorities of other countries, particularly
USA and EU authorities, are regularly held to explain, reiterate and drive home
the standpoint of the Indian government.
The Trade Defence Wing (TDW)
has been constantly striving to ensure that minimal or no trade remedial
measure is applied on Indian goods by other countries.
TDW operations have recently gained momentum. The
sustained efforts of the Trade Defence Wing are
reflected in the fact that in majority of the preliminary and final findings
issued during April 2021 – December 2021, by other investigating authorities on
CVD Investigations/ Reviews conducted on the exports from India, minimal duty
rates ranging from 3-6% have only been imposed.
In Counter Vailing Duty (CVD) investigation against
export of stainless-steel cold rolled products by European Commission (EC), active
intervention of TDW through consultation resulted in imposition of duty margin
as low as 0.45% by the European Commission.
In CVD Administrative review conducted by USA for the
year 2019 against export of Polyethylene Terephthalate film, sheet & strip from
India, a preliminary duty of 2.82% only was imposed as against 11.67% imposed
earlier for the year 2018.