16 April 2013

International Trade Amicus: September 2012

Product under consideration (PUC) for the purpose of anti-dumping investigations is required to be carefully selected. Though the Anti-dumping Agreement (ADA Agreement) does not provide for any guidelines in this regard, but, an overtly broad PUC can create complications. This September 2012 issue of "International Trade Amicus", as usual, also highlights various trade remedy measures taken by India and those taken by other countries against India. In WTO, the DSB has agreed to establish panel on India's request in the dispute pertaining to imposition of countervailing duty by the USA on certain steel from India. India states that the measures are inconsistent with the Subsidies and Countervailing Measures (SCM) Agreement. In respect of Free Trade Agreements (FTA), India and ASEAN countries have agreed to include services and investments as well. This issue also reports a recent order of the Calcutta High Court which holds that 'domestic industry' can include importer of the product under consideration.

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