BEIJING: China is likely to drag India to the World Trade Organisation challenging the ban by New Delhi on Chinese toys, a media report said on
Wednesday.
"The Chinese government is mulling a response to India's recent ban on Chinese toy imports and will probably ask the World Trade Organisation to investigate whether the ban violates WTO laws," the China Daily said quoting an anonymous source close to the issue.
India had banned import of Chinese toys on January 23 for six months. While the Directorate General of Foreign Trade (DGFT) in the Indian Commerce Ministry did not cite any reason for the ban, officials said the prohibition was necessary to protect kids from toxic hazards that may be associated with Chinese toys.
However, it is perceived here that ban by New Delhi was aimed at providing protection to the domestic industry from the Chinese manufacturers which claimed at least half of Rs 2,500 crore Indian toy market.
"It is a sign that China will be leveraging WTO rules to help protect its manufacturers from illegal trade barriers and punitive measures by its trading partners at a time when protectionism is growing amid the global economic recession," the newspaper said.
Wednesday, February 4, 2009
China may contest India's toy import ban in WTO: Report
Labels: Commerce Ministry, WTO
Subscribe to:
Post Comments (Atom)
Related Articles
Commerce%20Ministry
- Commerce Ministry eases rules for preferential quota sugar sales
- Hike in EU customs duty to hit Indian exports
- India's imports gained while exports grew negligibly from FTAs: ASSOCHAM study
- Exports at 2-year high of 12.47%, trade gap widens
- Government likely to double export target to $1 trillion
- Analysts happy with fall in imports by India, growing exports
- Indian garment exporters eat into share of China and Bangladesh
- Indian leather industry hit by EU economic crisis
- Hard times in the west tell on Indian exports
- Indian investment in Bangladesh garment sector to zoom
- Black money or legitimate export dollars: The big debate
- Exporters get Rs 900 crore relief package
- DEPB Scheme to go on 30th September
- Exports up 27 % in November
- Dissatisfied with China on Indian exports, govt issues strong demarche
- India to spend additional $110 mn on export push
- It's a little early to recall help: Commerce secretary Rahul Khullar
- 'Time not ripe for removing stimulus'
- India Exports Rise to 15-Month High of $14.6 Billion
- Sharma to announce sops to select export sectors soon
- India’s Exports Climb for First Time in 14 Months
- New FTP sets $ 200 billion export target
- Drugmakers criticise Mashelkar committee's report
- Exports continue to drop, 29% in June
- India against import barriers
WTO
- India to press US on non-tariff trade barriers
- Drugmakers criticise Mashelkar committee's report
- India to host Doha meeting in September: Commerce Minister Anand Sharma
- India says it’s open to talks with China over toy imports
- Dutch govt in patent row, seeks clarity on EU rules
- China warns India on banning toy imports
- Ban on Chinese toys made fool-proof, action compliant with WTO rules
- China mulling WTO case over India toy ban - Report
- China may contest India's toy import ban in WTO: Report
- India to move WTO on Dutch drug seizure
- WTO trade talks collapse after US, China, India reject compromise
- US to review shrimp anti-dumping duty
- WTO strikes down US import curbs on Indian seafood
- India supports Canada on anti-dumping row with US
- American Farm Bill endangers WTO talks
- US unlikely to withdraw WTO wine case soon
- Swiss government not to take Novartis case to WTO
- Novartis plea on patents struck down
- Novartis warns India of losing R&D biz to China
No comments:
Post a Comment