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The Dollar Business

US policy agenda indicates possible defiance of WTO - 0 views

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    Holding American sovereignty above WTO norms, the Trump administration has indicated in its trade policy document that it will not tolerate unfair trade practices, even if that meant defying WTO guidelines for foreign trade.
Kunal Thakkar

India may drag US to WTO over H-1B, L-1 visa fee hike - 0 views

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    India may drag the United States to the World Trade Organization , or WTO, over its decision to raise professional visa fees for an extended period and impose a 2% import levy on goods and services sold to the US government, a senior official has said.
anonymous

India's Exports Up 33 Percent in Jan-Mar: WTO - 0 views

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    Exports from the country witnessed a robust 33 percent growth in the first three months of the year, the World Trade Organisation (WTO) has said in its international trade statistics report.
vietnamlawfirm

Anti-dumping, Anti-dumping Case and Lawyers in Vietnam - 1 views

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    What is dumping in international trade? Dumping is, in international trade, a situation where the price of a product when sold in the importing country is less than the price of that product in the market of the exporting country. For example, dumping occurs when a product from country A is sold in domestic market at price X but is exported to country B at price Y (Y < X). According to WTO, this can be considered as an "unfair competition behavior" by foreign producers, foreign exporters towards importing country's domestic manufacturing industries. Anti-dumping cases and the following anti-dumping measures (if any) are a way to limit this kind of behavior. What is anti-dumping duty? Anti-dumping duty is the most widely used anti-dumping measure. It can be imposing on products which is investigated and determined that it being dumped into the importing country and cause material injury to the country's domestic manufacturing industries. Basically, this is an import duty, charged in addition to normal customs duty, can be apply on imported products which is the object of the decision of application of anti-dumping duty. What is an anti-dumping case? An anti-dumping case is a procedure consists of four steps: Initiate - Investigate - Conclude - Apply Anti-Dumping Duty (if any). This procedure will be proceeded if there is reason to suspect that a product is being dumped injuriously. Despite being called a "case", it is not a judicial procedure, but an administrative procedure is carried out by the importing country's administrative authorities. The aim of this procedure is to settle the dispute between the domestic manufacturing industry and the foreign producer, foreign exporter. It is not concern the governmental relationship between the two countries. Because this procedure and other related issues are carried out in a similar way to the conduct of a judicial procedure, it can be seen as a "semi- judicial procedure". Also, if disagree
anonymous

Global trade to grow at 9.5 percent in 2010 - 0 views

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    After the sharpest decline in more than 70 years, world trade is set to rebound in 2010 by growing at 9.5 percent, according to WTO economists.
anonymous

India reacts sharply to EU's proposed carbon tax - 0 views

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    While the European Commission is planning to impose a carbon tax at EU borders, India warned that it could exercise the option of moving the WTO Dispute Settlement Body if the EU and the US take such a move, said a media report quoting Environment Minister, Jairam Ramesh.
srishtimmr

US Wins WTO Case Against India Involving Billions in Subsidies - 2 views

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    The U.S. won a case against India at the World Trade Organization alleging improper use of export subsidies valued at more than $7 billion.
The Dollar Business

No decision taken on revoking MFN status to Pakistan - 0 views

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    Despite the ongoing tensions between India and Pakistan, the Indian government is yet to decide on revoking the most favoured nation (MFN) status given to Pakistan, Commerce and Industry Minister Nirmala Sitharaman informed the Parliament on Monday.
The Dollar Business

WTO's trade facilitation agreement comes into effect - 0 views

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    The WTO's trade facilitation agreement, which seeks to ease customs norms, has come into effect from Wednesday with its two-thirds members ratifying the pact.
vianinja

What is a new global order - 0 views

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    In Power Shift: On the New Global Order, Richard Falk looks at the challenges facing a changing world in the early twenty-first century.
bloggerent

India also counterattacked! India announced to impose tariffs on 30 U.S. goods - 0 views

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    The Indian government has suspended tariff concessions on 30 imports of goods from the United States as a response to the United States' tariffs on steel and aluminum imports from India. goods include motorcycles, certain steel products, boric acid and lentils, with a duty value of approximately 240
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