FFTR Newsletter - April 2018 - Issue - 0001

Page 5

Forum Newsletter April, 2018 Volume IV Issue I An E-Newsletter

5- US DOC finds Countervailable Subsidization of Imports of Stainless Steel Flanges from China. Asian Countries: 1- Australian Anti-Dumping Commission’s has imposed an anti-dumping duty on

dichlorophenoxy-acetic acid, commonly known as 2,4-D from China.

Trade Agreements: India, China plan FTA breakthrough Union Commerce Minister Suresh Prabhu and his Chinese counterpart, Zhong Shan, met in New Delhi for the first high-level contact between both sides, which have decided to “reset” their ties this year in the run-up to a Xi-Modi summit meeting in China. Mr. Zhong, who co-chaired the 11th meeting of the India-China Joint Group on Economic Relations, Trade, Science and Technology with Mr. Prabhu, said a free trade agreement (FTA) between India and China would be negotiated in due course, which would be a breakthrough in ties.

WTO in News: 1- On 27 March 2018, the European Union notified the WTO’s Committee on Safeguards that it initiated on 26 March 2018 a safeguard investigation on certain steel products. 2- Indonesia launches safeguard investigation on ceramic flags and paving, hearth or wall tiles; ceramic mosaic cubes and the like. Informed WTO. 3- U.S. challenges India’s export subsidies at WTO

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