India initiated most anti-dumping probes this year, says WTO

New Delhi, Nov 29 | Updated: Nov 30 2006, 08:04am hrs
India figures among the worlds largest users of anti-dumping measures on imports from other nations and has initiated the maximum number of investigations during January-June 2006, according to WTO statistics.

The number of new anti-dumping investigations declined worldwide, but new final measures increased in January-June 2006 compared with the corresponding period of 2005, as per data compiled by the World Trade Organisation.

During January-June this year, 20 countries started a total of 87 new investigations, down from 105 in the same period last year. As many as 15 countries applied 71 new final anti-dumping measures during January-June 2006, compared with 55 in the corresponding period of 2005, a rise of 29%. China remained the most frequent subject of anti-dumping inquiries, as well as duties imposed by importing countries. Chinese products accounted for 15 of the new measures, down from 18 a year earlier. The Asian dragon also accounted for 32 of the 87 new investigations so far this year compared with 23 of 105 during the corresponding period in 2005. India, with 20 new investigations, topped the list of nations that started a probe on products exported by other countries. The country had launched 14 investigations in the same period last year. With 17 new investigations, the European Communities are second in the list, followed by Australia with nine and Argentina, Indonesia and Turkey with five each. Israel and the US did not start new investigations in the first half of 2006.

While India was among the largest users of anti-dumping duties, the country was also at the receiving end and the second most frequent subject of such measures against it.

PTI