Economic Reporter :
Bangladesh government and businesses have urged the Indian authority to arrange another hearing before taking its final decision on imposing anti-dumping duty on import of hydrogen peroxide from Bangladesh.
India’s move to impose anti-dumping duty on the product came on the heels of imposition of the same duty by the country on Bangladeshi jute and jute goods on January 5 that hit hard Bangladesh’s export earnings from its neighbour. The Bangladesh commerce ministry and three local hydrogen peroxide producer-exporters separately sought a third hearing regarding the India’s latest move, officials said.
They also said that the ministry and the exporters -Tasmin Chemical Complex, ASM Chemical Industries and Samuda Chemical Complex Limited – also denied the allegation of dumping the product in India and presented their arguments to the DGAD.
The Director General of Anti-Dumping and Allied Duties (DGAD) of Indian commerce ministry has started a procedure to impose anti-dumping duty on import of hydrogen peroxide from six countries including Bangladesh. The other countries are Pakistan, Taiwan, South Korea, Indonesia and Thailand.
The DGAD took the step following a petition from two Indian producer-exporters and on February 16 issued a disclosure statement determining the margin of the injury at 10 per cent to 30 per cent to Indian manufacturers due to the alleged dumping by Bangladeshi exporters.
Bangladesh government and businesses have urged the Indian authority to arrange another hearing before taking its final decision on imposing anti-dumping duty on import of hydrogen peroxide from Bangladesh.
India’s move to impose anti-dumping duty on the product came on the heels of imposition of the same duty by the country on Bangladeshi jute and jute goods on January 5 that hit hard Bangladesh’s export earnings from its neighbour. The Bangladesh commerce ministry and three local hydrogen peroxide producer-exporters separately sought a third hearing regarding the India’s latest move, officials said.
They also said that the ministry and the exporters -Tasmin Chemical Complex, ASM Chemical Industries and Samuda Chemical Complex Limited – also denied the allegation of dumping the product in India and presented their arguments to the DGAD.
The Director General of Anti-Dumping and Allied Duties (DGAD) of Indian commerce ministry has started a procedure to impose anti-dumping duty on import of hydrogen peroxide from six countries including Bangladesh. The other countries are Pakistan, Taiwan, South Korea, Indonesia and Thailand.
The DGAD took the step following a petition from two Indian producer-exporters and on February 16 issued a disclosure statement determining the margin of the injury at 10 per cent to 30 per cent to Indian manufacturers due to the alleged dumping by Bangladeshi exporters.
