SME Times News Bureau | 20 Nov, 2019
Directorate
General of Trade Remedies (DGTR has recently taken various measures to protect
domestic industry from unfair trade practices.
Consequently,
the number of anti-dumping duty cases has risen from 5 in 2016 to 25 up to 1st
November 2019.
Further, the
streamlining of anti-dumping investigation process has reduced the number of
days taken for initiating investigation and has also led to a reduction in the
number of cases.
This was
facilitated due to trade notice number 03/2018 dated 1st February
2018 regarding streamlining of anti-dumping investigation process and
scrutinizing of petitions.
Expeditious
processing of applications has eliminated the need for domestic industry to
update information and data. DGTR has, for the first time, initiated two cases
of bilateral safeguards this year.
No bilateral safeguard case has ever been
initiated in the past.
There has been a
reduction in the number of actual days taken to initiate investigations.
Average number of
days taken for initiation of anti-dumping investigations during this year is 32
days as compared to 110 days during 2017 and 259 in 2016.
The steps taken by
DGTR has provided a level playing field for domestic industry and the average
number of days taken for initiation of countervailing duties (CVD) cases during
2019 was 66 days as compared to an average of 72 days in 2018.
The actual average number of days taken for
initiation of global safeguards at present is 61 days as compared to the
standard 75 days earlier.