ISLAM SYFUL |
July 17, 2021, 8:45 a.m.
July 17, 2021, 11:04 a.m.
The government will present arguments to India next month on why the neighboring country should not continue to impose anti-dumping duties on exports of Bangladeshi jute products, officials said.
India began last month to conduct a “sunset review” on the importation of Bangladeshi jute products to further improve the duration of the anti-dumping duty.
Prior to that, Indian national industries asked their government to maintain the duty so that Bangladeshi products could not harm their business.
India imposed anti-dumping duties on Bangladesh jute yarn, burlap and sacks, ranging from US $ 19 to US $ 352 per tonne, in January 2017 for a period of five years, which will expire in January of l ‘next year.
According to the Anti-Dumping Agreement of the World Trade Organization (WTO), the “sunset review” is a process of extending the validity of anti-dumping duties for an additional five years through an investigation.
The Ministry of Commerce (MoC) recently held a meeting to define the next course of action, as India began the review process.
Hafizur Rahman, director general of the WTO cell at the Ministry of Commerce, told FE on Friday that the Indian authority had sent a contact person and a copy of the request, submitted by its domestic industry.
Bangladeshi jute product exporters will answer questions, and after that, the Commerce Ministry will discuss whether the “sunset review” or further extension of the duty for another five years is correct or not.
The government will place the points, where the imposition of the duty was legally incompatible. A hearing on this issue will take place virtually next month, and then Bangladesh will submit a position paper in writing, he added.
The imposition of the anti-dumping duty has seriously hampered the export of Bangladeshi jute products to India, the companies said.
Since the imposition of the duty, Bangladesh has tried several times at different levels, but India has not agreed to lift it.
At the last trade secretaries’ level meeting, Bangladesh argued that the anti-dumping investigations were not conducted in accordance with WTO rules. Thus, duties on Bangladeshi goods should be removed immediately.
Trade expert Dr Mostafa Abid Khan told FE earlier that the only option left for Bangladesh to get anti-dumping duties lifted was to seek help from the WTO dispute settlement body.
“If we do not challenge India’s arbitrary actions at the WTO, India will maintain the anti-dumping duty indefinitely through sunset reviews,” said Khan, former member of Bangladesh Trade. and Tariff Commission (BTTC).
In addition to jute articles, India in April 2017 imposed anti-dumping duties, ranging from $ 27.81 to $ 91.47 per tonne, on the export of hydrogen peroxide from Bangladesh. In 2018, it also imposed a similar tariff, amounting to $ 2.69 per kilogram, on the export of fishing nets.