The local business community must develop expertise in trade protection remedies such as anti-dumping and anti-subsidy measures to prevent unfair competition from importers, experts said at workshops held in HCM City and Ha Noi this week.
SEOUL: Malaysian Timber Industry Board (MTIB) will monitor timber trade between Malaysia and South Korea over the next few months following the imposition of anti-dumping duties by South Korean government.
The government will install an early warning system at the country’s main customs offices to detect an unusual surge in the flow of goods from China, the Finance Ministry’s senior official says.
Made-in-Viet Nam timber and wood products have faced obstacles in accessing foreign markets due to stricter foreign laws, which require timber products to be granted Forest Stewardship Council certification, said Hua Duc Nhi, deputy Minister of Agriculture and Rural Development.
Exporters of steel and, in turn, the Union ministry of commerce are getting worried at the increased resort by the US of countervailing duty (CVD) to bring down imports from India.
China is considering plans to either scrap or reduce export tax rebates on some aluminium extrusion products as well as on stainless steel wires and rods, the China Securities Journal reported on April 12, 2011, without identifying sources.
President Hu Jintao was pushed by fellow BRICS members Brazil, Russia, India and South Africa to open the Chinese market to goods ranging from Indian drugs to Brazilian planes as leaders gathered on a tropical south China island for a summit.