News

India may impose antidumping duty on certain steel products from EU, Japan, US, Korea
India may impose antidumping duty on certain steel products from EU, Japan, US, Korea

19/06/2020

India may impose anti-dumping duty on imports of certain steel products from the European Union, Japan, the US and Korea for five years with a view to guard domestic players from cheap imports from these countries.
Fisheries subsidies work resumes in Geneva as COVID-19 restrictions ease
Fisheries subsidies work resumes in Geneva as COVID-19 restrictions ease

19/06/2020

WTO members will resume working towards an agreement on fisheries subsidies disciplines next week as COVID-19 containment measures have gradually eased. The chair of the Negotiating Group on Rules, Ambassador Santiago Wills of Colombia, is convening the meeting to introduce a working document based on members’ proposals and the work of the facilitators who have been assisting the chair.
 Leading US trade official calls for 'reset' of WTO tariffs system
Leading US trade official calls for 'reset' of WTO tariffs system

19/06/2020

The US is to push for a "reset" of “outdated tariff determinations” by the World Trade Organisation (WTO), its trade representative in Geneva said yesterday (18 June). Robert Lighthizer said the WTO was a “mess” and that the body treats the US unfairly.
Seoul requests WTO to open panel on trade row with Tokyo
Seoul requests WTO to open panel on trade row with Tokyo

19/06/2020

South Korea has requested the World Trade Organization to open a dispute-settlement panel to deal with Japan's export curbs against its Asian neighbor, which have been in effect since July, the trade ministry here said Thursday.
EU to exempt tax on 11,500 tonnes of Vietnamese tuna
EU to exempt tax on 11,500 tonnes of Vietnamese tuna

19/06/2020

The EU will remove taxes on fresh and frozen Vietnamese tuna once the European Vietnam Free Trade Agreement (EVFTA) comes into effect with a tariff quota of 11,500 tonnes annually for canned tuna.
China lets WTO dispute against EU lapse after losing interim ruling
China lets WTO dispute against EU lapse after losing interim ruling

17/06/2020

China spent four years fighting for market economy status, a designation that would give it stronger footing with commercial partners while also curtailing their ability to retaliate over trade disputes. This week, it quietly lost that battle.
S. Korea to keep anti-dumping levies on Japanese steel plates for another 3 yrs
S. Korea to keep anti-dumping levies on Japanese steel plates for another 3 yrs

17/06/2020

South Korea will extend the 13.17 percent anti-dumping duties on Japanese stainless steel plates for another three years, citing concerns for industrial damage from the risk of recurrence in unfair pricing, according to the finance ministry statement.
Vietnamese export goods face 12 trade remedy cases in H1
Vietnamese export goods face 12 trade remedy cases in H1

17/06/2020

The Ministry of Industry and Trade’s Trade Remedies Authority of Vietnam announced that 12 trade remedy cases were initiated by foreign countries and territories for Vietnamese goods in the first six months of this year.
 
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