India probes Vietnamese copper tube imports
VOV.VN - The Indian Government has moved to officially launch an investigation into imports of copper tubes and pipes that originate from Vietnam, Malaysia, and Thailand.
The probe is being held with the aim of determining whether or not producers in those three countries were the recipients of unfair subsidies.
According to information released by the Indian Ministry of Commerce, the investigation, which will be conducted by India’s Directorate General of Trade Remedies, could conclude with the imports facing a series of countervailing duties in line with World Trade Organization (WTO) rules.
The Indian side will investigate copper tube and pipe imports that were shipped between April 1, 2019, and March 31 this year.
The Indian Ministry of Commerce also received the import data of the customs relating to the subject goods over the previous four years.
It said the figure indicates that the increased import figures from the three countries account for more than 90% of their total imports of subject goods.
