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| Thursday, 11 December 2003 |
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EU protests to WTO over Indian anti-dumping duties BRUSSELS The European Commission said it is taking India to the World Trade Organization (WTO) over anti-dumping measures hitting EU exports, in the latest trade spat between Brussels and New Delhi. The request for WTO consultations concerns 27 anti-dumping measures imposed by India against the EU between 1999 and 2003. The main sectors concerned are chemicals and pharmaceuticals, textiles and steel, said the EU executive. Brussels cited "growing frustration ... not only at the escalation in the number of measures imposed by India, which has now become the world's largest user of anti-dumping practices, but also at the very low standards applied." According to Brussels, since 1995 India has imposed a total of 241 anti-dumping measures, compared to only 184 such measures by the EU despite Europe's much lower import tariffs. "Under a rules based system, it is essential that all players abide by the same rules and India is no exception," said EU trade commissioner Pascal Lamy. "Ensuring fair trade should go hand in hand with clear, transparent and predictable rules. This is the way we prevent abuses of the system. I hope we will now be able to solve this matter amicably," he added. The EU decision came after the WTO this month upheld a complaint by India against the European Union, ruling that favourable treatment granted to 12 developing countries fighting drug trafficking fell foul of global trade rules. AFP |
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