Ministry assures that DGTR protects the interest of Indian exporters
The Trade Defence Wing (TDW), through a series of consultation, has had the European Commission reduced the imposition of duty margin as low as 0.45% on stainless steel cold rolled products exported to the EC markets, Ministry of Commerce and Industry said on 24 Jan 2022.
Likewise, TDW had the USA reduced preliminary duty too 2.82% in 2019 following a review of Counter Vailing Duty (CVD) or anti-subsidy duty. In 2018, it was 11.67%.
The Ministry said that the TDW has been constantly striving to ensure that minimal or no trade remedial measure is applied on Indian goods by other countries.
Besides conducting investigations against dumped and subsidised imports from other countries, the Directorate General of Trade Remedies (DGTR) also protects the interests of Indian exporters in investigations conducted by other countries against Indian exports through its TDW, said the Ministry. This is to address the needs of Indian exporters.
Established in 2016, the TDW has been the nodal point for extending support and defending the interests of Indian exporters in investigations undertaken by other countries against India.
The TDW coordinates with various departments of the Central as well as the State Governments and presents India’s defence.
Consultations with investigating authorities of other countries, particularly USA and EU authorities, are regularly held to explain, reiterate and drive home the standpoint of the Indian government, assured the Ministry. fiinews.com
