12 April 2013

International Trade Amicus: July 2012

The Indian system of New Shipper Review under the anti-dumping investigations has various lacunae. The provisions give wide discretionary powers to the investigating authorities. The issues like prospective period of investigation, time period for completing investigation, multiplicity of investigations for the same product, and non-conduction of new shipper review when the same is initiated just before the sunset review, need to be looked into and some way forward found out to keep the Indian provisions and procedures in line with the WTO law and practices. This July-2012 issue of our newsletter "International Trade Amicus" also covers Safeguard Rules notified by India to impose quantitative restrictions on imports and also talks about India's extension of the ban on import of milk and milk products from China. China's anti-dumping and countervailing measures on electrical steel have been held inconsistent by WTO on a complaint filed by the USA. Further, USA's labeling requirement for country of origin of goods (COOL) was found to have violated World Trade Organisation's Agreement on Technical Barriers to Trade (TBT Agreement).

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