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Online edition of India's National Newspaper Wednesday, December 13, 2000 |
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Anti-dumping steps against China, EU
By Our Special Correspondent
NEW DELHI, DEC. 12. Even as the outcry by the domestic industry
is mounting against ``dumping'' of cheap goods into the country,
the Government today initiated anti-dumping investigations
against import of zinc oxide from China and choline chloride from
China and the European Union. Two separate notifications of
initiation have been issued for these industrial chemicals by the
Directorate General of Anti-dumping and Allied Duties under the
Union Commerce Ministry.
In one case, the directorate has initiated anti-dumping
investigations against imports of zinc oxide from China. This, it
is stated, has been taken up as there is sufficient prima-facie
evidence that the normal value of goods in the country concerned
is significantly higher than the price at which it has been
exported to India. This indicated the goods are being dumped by
the exporters from the subject country, the notification says.
Since an anti-dumping investigation can be launched only if such
imports cause material injury to domestic producers, the
notification maintains that ``various parameters relating to
injury such as price undercutting by the dumped imports,
financial losses due to depressed prices despite stable demand
indicate that the domestic industry has suffered material injury
on account of dumping from the subject country''.
In the second case relating to imports of choline chloride, the
anti-dumping directorate has launched an investigation into
dumping against China and the European Union. In this case also,
the notification says there is sufficient prima facie evidence
that the normal value of the subject goods in the subject
countries is significantly higher than the price at which it has
been exported to India. This indicates prima facie that the goods
are being dumped from these countries, it is stated.
As for material injury to domestic industry, it cites price
undercutting by dumped imports, sales below production costs
resulting in per unit losses, increase in volume of dumped
imports and loss of market share. ``Prima facie, (these)
collectively and cumulatively indicate that the domestic industry
has suffered material injury on account of dumping from subject
countries'', the notification says.
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