Want China Times
By: CNA and Staff Reporter
Taiwan’s Ministry of Economic Affairs said Saturday that India has decided to remove
anti-dumping tariffs the South Asian country imposed a decade ago against certain chemical imports from Taiwan.
The Indian government has decided to revoke the anti-dumping tariffs against Taiwan’s epoxy resin and polyester aldehyde, starting from Aug. 31, the ministry said. The tariff removal will also cover products exported from China and South Korea, the ministry added.
The ministry said that the decision to cancel the anti-dumping financial penalty against Taiwan’s epoxy resin and polyester aldehyde chemical products came after India’s Manali Petrochemicals made a request to the Indian government to do so.
Manali’s request resulted from a recent review of earlier investigations into the particular chemical imports which determined that exporters of the two chemicals from Singapore and the European Union, instead of from Taiwan, China and South Korea, were the ones causing damage to the Indian industry by selling the material at unfairly low prices. [FULL STORY]