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India imposes anti-dumping duty on Chinese yarns and fabrics
(Xinhua)
Updated: 2009-03-28 11:31 India has imposed anti-dumping duty of up to $527 per ton on yarns and fabrics imported from China, Thailand and Vietnam to protect its home industry, according to local media reports on Saturday.
Earlier, the Directorate General of Anti-Dumping and Allied Duties, which is under the Ministry of Commerce and Industry of India, said Indian industry "was suffering material injury caused by dumped imports" from China, Thailand and Vietnam at low prices, the notification said. The duty would be between $112.64 and $527.31 per ton, said the notification. An anti-dumping duty of up to 205 rupees ($4) per meter has also been imposed on flax fabric imported from China, including the Hong Kong Special Administrative Region, said the reports. Earlier this week, India had imposed safeguard duty up to 35 percent on some of the aluminum products to protect domestic industry against cheap imports from China, according to the semi-official Press Trust of India. A Chinese Ministry of Commerce delegation visited India last week to discuss with Indian officials how to avoid trade disputes, including India's anti-dumping measures against Chinese products, through regular communication and coordination. Bilateral trade volume between China and India has attained $50 billion annually, overtaking that between India and the United States. (For more biz stories, please visit Industries)
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