Home / Knowledge / News / Textiles / GPCA chief derides anti-dumping duty on polypropylene
GPCA chief derides anti-dumping duty on polypropylene
19
Oct '10
India's move of levying anti-dumping duty on polypropylene imports from Saudi Arabia and Oman is something never witnessed before and also contravenes the World Trade Organisation (WTO) rules and regulations, Abdulwahab Al-Sadoun, the Secretary General of the Gulf Petrochemicals and Chemicals Association (GPCA) said.

He said that, India's Ministry of Commerce and Industry while overlooking the feedstock cost borne by Saudi Arabia, has opted to devise its own set of approximations.

In spite of the fact that Saudi Arabia has a price mechanism that fully complies with the WTO rules and regulations, which was well established while admitting it to WTO in 2005, India has emerged with its own estimates which are pure exaggeration of the cost of production of polypropylene, the official said.

He further said that, such attitude of India has erroneously boosted up the actual price of feedstock, and that it is on the same approximations that the country has formulated its anti-dumping margins, he added. The Gulf Cooperation Council (GCC) would take necessary actions like referring the matter to WTO's dispute settlement machinery, to overcome the trade barrier.

The official asserted that, since India's estimation methodology was erroneous and violating the WTO Anti-Dumping Agreement and the WTO legislation on Prevention of Unfair Competition in Imports would thus be annulled by WTO's dispute settlement panel.

He underlined that the GCC region is no way involved in any sort of dumping activities either in India or elsewhere. Rather that, they are firmly inclined on enforcing their professional and moral obligations to the WTO and to whole of the world, he said.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 16th Aug 2017

USITC to continue investigations on PSF imports

The US International Trade Commission (USITC) has determined that...

Textiles | On 16th Aug 2017

India’s apparel exports stumble in July 2017

Exports of readymade garments (including those made of cotton,...

Apparel/Garments | On 16th Aug 2017

EU displaces Japan as Myanmar’s largest apparel market

After the reinstatement of Generalised Scheme of Preferences (GSP)...

Interviews View All

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

August 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
66.7%
No
18.5%
Skip
14.8%

Total Votes: 27

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
37.0%
No
40.7%
Skip
22.2%

Total Votes: 27

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
81.5%
No
7.4%
Skip
11.1%

Total Votes: 27

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
55.6%
No
11.1%
Skip
33.3%

Total Votes: 27


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X