Should India join the Information Technology Agreement-II? Article in this issue of International Trade Amicus after discussing various views, both in favour and against the agreement, concludes that it would be better for India to wait and watch how things take shape in 2015.
In WTO, DSB´s Appellate Body has issued its report on China-US dispute over countervailing duty measures by the USA on certain goods from China. The report reverses various findings of the panel in this regard. Tax incentives were at the centre stage at WTO during this period. While DSB Panel was established in EU-Brazil dispute on domestic tax advantages to certain sectors, EU has filed dispute against US over tax incentives by the latter to large civil aircraft produced in USA. All these developments have been highlighted in this issue of this newsletter.
Under Ratio decidendi this issue covers recent decision of the US Court of International Trade upholding US Department of Commerce´s revised negative circumvention determination in respect of wire rods of 4.75 mm in a case involving anti-dumping duty on hot-rolled products of carbon steel and alloy steel, in coils, of diameter 5.00 mm to 19.00 mm.