The trade deficit of India stood at a whopping $119 bn in the fiscal 2008-09. The rise in the measures to stop the dumping of goods failed to contain the imports for the larger parts.
With the expansion of over 14 per cent in imports would show India as one of the most liberal countries for inward trade, New Delhi leads for initiation of anti-dumping measures in the second-half of calendar 2008 par adoxically conveys an opposite impression.
The highest number of anti-dumping investigations initiated by India between July and December, 2008 stood at 42 followed by Brazil and China, according to a WTO report. In the financial years 2008-09, the imports surged to $287.75 billion for the financial year 200 8-09 against exports of $168 billion.
With the expansion of over 14 per cent in imports would show India as one of the most liberal countries for inward trade, New Delhi leads for initiation of anti-dumping measures in the second-half of calendar 2008 par adoxically conveys an opposite impression.
The highest number of anti-dumping investigations initiated by India between July and December, 2008 stood at 42 followed by Brazil and China, according to a WTO report. In the financial years 2008-09, the imports surged to $287.75 billion for the financial year 200 8-09 against exports of $168 billion.
No comments:
Post a Comment