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Home -> Finance -> Full Story

'India could face WTO battle for anti-dumping'
Sunday, March 28 2004 11:03 Hrs (IST)

New Delhi: India might have to confront a "battle" in the World Trade Organisation (WTO) in the days ahead to justify its "heavy" use of anti-dumping, according to a study.

"Even as Indian industries often complain about use of anti-dumping against it, India's heavy use of this instrument has also come in for strong criticism globally," the study by the international consultants Dun and Bradstreet (India) has said.

The European Union (EU) has recently challenged the WTO "consistency" of India's anti-dumping measures on several grounds, including the "alleged lack of transparency in investigations and lack of evidence while drawing inference of injury," the study said, adding, "India might have to face a WTO battle in coming days to justify its heavy use of anti-dumping."

The study by the consultancy group said that if this complaint against India does not get resolved through consultation, EU could ask for a dispute settlement panel to look into India's anti-dumping practices.

According to the consultants, India's share in world anti-dumping cases has gone up between 1995 and 2002 from 1.9 per cent to 5.2 per cent and as an initiator of the cases from 3.8 per cent to 25.9 per cent during the period under review.

PTI