Today, the Parliament was informed that the country has imposed antidumping duty on as many as 98 products, imported from China to India.
In a written reply to Rajya Sabha, C R Chaudhary, the Minister of State for Commerce and Industry said, the products like include flax fabrics, vitamin C, certain fibres and chemicals were some of the products in the list.
He also informed that the trade deficit with China stood at USD 36.73 billion during April-October this fiscal.
“Increasing trade deficit with China can be attributed primarily to the fact that Chinese exports to India rely strongly on manufactured items to meet the demand of fast expanding sectors like telecom and power,” he added.
Generally antidumping probes were initiated by countries to know if the domestic industry has been hurt by a surge in below-cost imports.
In order to control this, as a counter measure, governments impose duties under the multilateral WTO regime.
To offer a level-playing field for fair trade in the domestic industry, the antidumping measures are considered
They are not a measure to restrict imports or cause an unjustified increase in cost of products.
