What measures are being proposed by the Trade ministry regarding Chinese aluminium foil imports
The Trade ministry suggests imposition of anti-dumping duty on Chinese aluminium foil imports to protect domestic producers.
- The Trade ministry is proposing the imposition of anti-dumping duties on Chinese aluminium foil imports to protect domestic producers from unfair trade practices.
- This measure aims to address concerns about Chinese companies selling aluminium foil in the Indian market at prices lower than the fair market value, which could harm local manufacturers.
- By imposing anti-dumping duties, the government hopes to create a level playing field for domestic producers, ensuring fair competition and safeguarding the interests of the Indian aluminium foil industry.
- The Trade ministry's proposal seeks to discourage the dumping of cheap Chinese aluminium foil in the Indian market, thereby supporting local manufacturers and promoting a sustainable aluminium industry.
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8 months ago