En20120724001.jpg
About us Advertisement service Contact us Into the Chinese
Home Macro-economy Steel News Raw Material Equipment & Technology Steel End-users Products
Steel News Daily
Macro-economy
India to block Japan’s request for WTO dispute panel on steel penal duties
  Release time: 2017/03/23 16:09:00  Author: 

 

India will block Japan’s request for a dispute settlement panel at the World Trade Organisation (WTO) against penal duties on steel imports imposed by New Delhi, a government official has said.

Tokyo’s request will be taken up for consideration by the Dispute Settlement Body of the World Trade Organisation in its meeting on Tuesday.

“We are definitely going to block the request. Our argument is that India has not flouted any norms while imposing safeguard duties on certain categories of steel,” the official said.

Japan, however, is expected to make a second request in the next DSB meeting which cannot be blocked as per rules.

In March last year, India had extended safeguard duties — penal duties imposed over and above the regular customs duties to check import surges of identified items — on certain hot-rolled steel items till March 2018. The move was aimed at protecting domestic steel producers suffering from the double blow of low demand and cheap imports.

Japan has alleged that the investigation carried out by the Directorate General of Safeguards in India was not according to procedures laid down by the WTO and the injury determination, which is a measure of disruption suffered by local players, was also faulty.

The Japanese government has estimated that the tariffs could cost Japanese steel companies about $220 million through March 2018, as per reports in the Japanese media.

“We tried to convince Japan in our bilateral consultations on the dispute that no rules had been breached and the safeguard duties were progressively being brought down. But Japan chose to ask for a dispute settlement panel,” the official said.

 

Japan, which has friendly trade relations with India, is taking the strong step of filing a dispute to stop unfair trade actions from spreading, a Japanese industry ministry official reportedly said.

India imposed minimum import price and safeguard duties on steel imports last year to protect the domestic industry.

As per the Finance Ministry’s notification, safeguard duty will apply on hot-rolled flat products of non-alloy and other alloy steel in coils of 600 mm width.

The safeguard duty will be 20 per cent minus any existing dumping duty till September 2016, following which it will be reduced to 18 per cent till March 2017, then brought down to 15 per cent till September 2017 and eventually to 10 per cent by March 2018.

To share the micro-blog:
vanitec.jpg
 
NO.26 Building, An zhenli 3th Area, Chao Yang District, Beijing. Postcode: 100029
Tel: 86-10-64441860 Fax: 86-10-64410636 Email: csteelnews@126.com
www.csteelnews.com. All Rights Reserved.
 
主站蜘蛛池模板: 亚洲欧美另类国产| 国产午夜无码福利在线看网站| 一个人hd高清在线观看| 色偷偷的xxxx8888| 夜间禁用10大b站| 中文字幕免费在线视频| 日韩电影手机在线观看| 亚洲国产欧美在线看片一国产| 狠狠做五月深爱婷婷天天综合| 向日葵视频app免费下载| 青青操在线免费观看| 国产日韩精品一区二区三区| 911色主站性欧美| 天堂网在线最新版www| 一级成人理伦片| 无遮掩60分钟从头啪到尾| 久久这里只精品| 樱花视频入口在线观看| 亚洲国色天香视频| 污视频免费在线观看| 免费国产在线观看老王影院| 综合久久给合久久狠狠狠97色| 国产精品福利一区二区| 99热在线精品播放| 好男人观看免费视频播放全集 | 草莓视频网站入口| 国产成人8X视频网站入口| www亚洲精品| 国产精品水嫩水嫩| 99精产国品一二三产| 奇米影视奇米四色888av| 丁香六月色婷婷| 成年女人毛片免费视频| 久久久久久久91精品免费观看| 日韩欧美在线综合| 亚洲VA中文字幕| 欧美a在线视频| 亚洲一区无码中文字幕| 欧美国产精品va在线观看| 亚洲日韩精品无码AV海量| 欧美激情一区二区三区成人|