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Trade victory for India

NEW DELHI JAN.17. In a major victory for India and several other countries, the World Trade Organisation (WTO) has held as violation of global trade rules a controversial U.S. law allowing American companies to collect more than $470 millions in anti-dumping duties from the U.S Government.

The ruling was given by an appellate body of the Geneva-based WTO while upholding a finding of a three-member Dispute Settlement Panel (DSP), which was challenged by the U.S.

PTI

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