Asian countries most targeted by anti-dumping probes: WTO

Asian countries most targeted by anti-dumping probes: WTO
AFP
Comment E-mail Print Share
First Published: Mon, Jun 11 2007. 07 51 PM IST
Updated: Mon, Jun 11 2007. 07 51 PM IST
Geneva: Asian economies dominated the list of countries, including India, targeted by 103 anti-dumping investigations during the second half of 2006, the World Trade Organisation said on 11 June.
Other WTO members launched 36 investigations against China following accusations that Chinese companies sold exported goods at a lower price than they charged on their home market, according to the organisation’s latest data.
China, which joined the WTO in 2002, has traditionally headed the list in recent years. Chinese goods were targeted 33 times during the first half of 2005.
Indonesia was the second most frequent target of anti-dumping probes (seven), followed by Japan, South Korea, Taiwan (six each) and Brazil (five).
The overall number of newly launched probes increased by seven compared to the first half of 2005.
The European Union was the biggest user of the WTO’s anti-dumping rules, opening 17 investigations compared to nine of the same period a year earlier.
India launched 12 investigations, ahead of Argentina, Brazil, Malaysia and China.
Twenty-five of the investigations concerned chemicals, and 16 each paper-related goods and base metals.
Under WTO rules, countries may impose anti-dumping measures -- normally a duty on imports of a particular product -- after their own investigation if the imported item is being sold for less than the cost of production.
Comment E-mail Print Share
First Published: Mon, Jun 11 2007. 07 51 PM IST
More Topics: International News | Asia |