Chemicals top WTO list for anti-dumping measures
According to a new report released by the World Trade Organization (WTO) Secretariat the number of new anti-dumping investigations and new final anti-dumping measures declined significantly in the first half of 2007 (January 1- June 30), however, products in the chemicals sector were the most frequent subject of new measures.
According to the study, the number of initiations of new anti-dumping investigations declined sharply, dropping by 47% compared with the corresponding period of 2006 and the number of new measures implemented also declined 20%. A total of 49 new investigations, compared with 92 cases were initiated and 57 measures were implemented compared with 71 in the first six months of 2006.
China remained the most frequent subject of the new investigations, with 16 initiations directed at its exports, although this too was down sharply from the 31. Chinese Taipei, the European Communities (including individual member States) and Korea were the second most frequent subjects, with four initiations of new investigations each, compared with seven, four and five, respectively. India, Indonesia, Japan, Malaysia, and the United States were tied for third place, with two initiations each in respect of their exports, compared with three, two, five, five and seven during January-June 2006.
24 new initiations were reported in the chemicals sector of which India reported ten, China and Japan each reported four, the United States reported two, and Argentina, Brazil, Korea, and South Africa each reported one.
Concerning the application of new final anti-dumping measures, products in the chemicals sector were again top of the list, accounting for 12 of the 57 total new measures reported. Products in the textiles sector were in second place, with 11 new measures.
