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

Apparel/Garments | On 1st Mar 2017

CMAI's Apparel Index for Q3 shows lowest growth at 1.4 pts

CMAI’s Apparel Index for the third quarter FY 2016-17 shows that the...

Courtesy: Carter

Apparel/Garments | On 1st Mar 2017

Kidswear retailer Carter’s acquires Skip Hop Holdings

US headquartered kidswear retailer Carter’s said it has acquired Skip ...

Courtesy: Lectra

Information Technology | On 1st Mar 2017

Lectra makes new strategy for fashion in Industry 4.0 era

Lectra, the world leader in integrated technology solutions, has...

Interviews View All

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marcel Alberts
Eurofibers

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search