TNPSC Thervupettagam

Anti-dumping duty on optical Fibre imports

August 10 , 2023 343 days 411 0
  • The Finance Ministry has enforced anti-dumping duties on particular optical fiber imports from China, South Korea, and Indonesia.
  • It aims to mitigate the adverse effects on the domestic industry.
  • It was based on the recommendations of the Directorate General of Trade Remedies (DGTR).
  • Anti-dumping actions are implemented to uphold equitable trade practices.
  • And it aims to establish a balanced competitive environment for the domestic industry.
  • Their purpose is not to hinder imports or unjustly inflate product costs.
  • They impose duties in accordance with the global framework set by the World Trade Organization (WTO).

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