India imposes anti-dumping duties on key imports from China, Russia
The government of India has imposed five-year anti-dumping duties on the import of aluminium foil, Pretilachlor, and Acetonitrile from China, Taiwan, and Russia, following conclusive findings of unfair trade practices that have caused material injury to domestic industries.
The decision, announced on June 19, is based on recommendations by the Directorate General of Trade Remedies (DGTR), which conducted thorough investigations into allegations of dumping — the practice of exporting goods at prices significantly lower than their normal value, thereby undercutting local producers, Caliber.Az reports, citing Indian media.
The anti-dumping duty on aluminium foil, specifically those with a thickness ranging between 5.5 and 80 microns, imported from China, has been extended from a previous six-month provisional period to a full five years.
In addition, the government has introduced a five-year anti-dumping duty on Pretilachlor, a herbicide extensively used in rice and paddy cultivation, also originating from China.
Furthermore, imports of Acetonitrile — a critical chemical used in the production of pharmaceuticals and agrochemicals — from China, Taiwan, and Russia will now be subject to anti-dumping levies.
The DGTR found that these imports were being dumped into the Indian market at unfairly low prices, causing significant harm to domestic producers. The imposition of duties is intended to restore a level playing field for Indian manufacturers and prevent further erosion of market share due to unfair foreign competition.
By Vafa Guliyeva