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International Trade Amicus: March 2014

Article in this issue of Tax Amicus discusses elaborately provisional anti-dumping measures being imposed by India. According to the article, the provisions are often misused and hence there is a need to make specific provision fixing an upper limit for imposition of provisional measures. Table on ‘Trade Remedy News’ covers list of 6 products subjected to trade remedy measures by India and 5 products where other countries have taken actions against Indian exports. Dispute settlement body has established panel on the request of Denmark against the EU while a compliance panel at the request of USA has been established in dispute pertaining to China’s countervailing and anti-dumping duties on grain oriented flat-rolled electrical steel from the United States. Trade relations between India and USA are under strain again amidst reports that USA may place India in its list of Priority Foreign Countries and USA further disputing India’s measures on solar cells and modules again with a request which supplements USA’s earlier request for consultation with India on the subject. All these developments are highlighted in this issue.

Under Ratio decidendi this March 2014 issue of International Trade Amicus covers Court of Justice for European Union’s (CJEU) judgment upholding the findings of the General Court that adoption of Market Economy Treatment (MET) decision after expiry of prescribed three month period, under Article 2(7)(c) of the basic AD regulation, would not automatically entail annulment of the said regulation.

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