PREVIOUS
✖
Saccharin
May 7 , 2019
1901 days
820
0
- India has imposed anti-dumping duty on saccharin imports from Indonesia.
- This duty will be valid for five years unless it is revoked by government.
- Saccharin is a non-nutritive sweetener.
- It is considered to be a low-calorie substitute for cane sugar.
- It is used in a variety of industries such as
- Food and beverage
- Personal care products
- Table top sweeteners
- Electroplating brighteners
- Pharmaceuticals
Anti-dumping duty
- Dumping is said to occur when the goods are exported by a country to another country at a price lower than its normal value.
- This is an unfair trade practice.
- This has a distortive effect on international trade and damages domestic trade.
- Anti-dumping is a measure to rectify this situation and establish fair trade.
- The use of anti-dumping measure as an instrument of fair competition is permitted by the WTO.
Leave a Reply
Your Comment is awaiting moderation.