2. WTO AGREEMENT ON
ANTI-DUMPING
The Anti-Dumping Agreement of world trade organization(WTO),
commonly known as the AD agreement, governs the application of
anti-dumping measures by WTO member countries.
The Agreement on implementation of Article VI of GATT 1994,
commonly known as the Anti-Dumping Agreement.
A product is considered as ‘dumped’ if it is exported to another country
at a price below the normal price of a like product in the exporting
country.
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3. WTO AGREEMENT ON
ANTI-DUMPING
Anti-dumping measures are unilateral remedies that
the government of the importing country may apply
after a through investigation has determined that the
product is in fact, being dumped and that sales of the
dumped product are causing material injury to
domestic industry that produces a like product.
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4. ANTI-DUMPING DUTY
A remedy sanctioned by WTO to protect a member country’s domestic
industry from imports that have been priced at levels below those
prevailing in the exporting nation’s home market.
Anti-Dumping duties are duties levied on imports of a particular good
originating from a specific trading partner to offset injurious dumping
found to exist as the result of an investigation.
India has imposed anti-dumping duty on five Chinese products
including certain aluminium goods and some chemicals for five years
to guard local manufacturers from cheap imports from neighbouring
country.
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5. ANTI-DUMPING DUTY
Add is non-competitive tax.
Countering the effects of dumping.
A form of penalty.
To rectify trade distract.
Empowering Fair-trade Practices.
Step towards Fair and Healthy Competition.
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7. CONCLUSION
The country's imposition of an anti-dumping
duty is determined by the dumping margin--
the difference between the export price and
the domestic selling price in the exporting
country. By adding dumping margin to
export price, the dumped price can be
rendered a “fair” trade price.
8. THANK YOU
Presented by - Vikas Kachave
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