Anti Dumping Actions By Comparing Them With Other Federal...

quickly challenge anti-dumping actions by comparing them with other federal governments. But, there has also been a deletion in the agreement, and this deletion is that of â€Å"Public Interest.† In a particular condition, whereby dumping as well as injury has clearly been proven, the positive gains coming from it to the consumers is far more in comparison to the business losses that are incurred by product producers. This is where the â€Å"Public Interest† is strongly highlighted and categorically means the imposition of significant trade duties, and only possible under the conditions, whereby, the community interest is important. The â€Å"Public Interest† clause provided in WTO becomes effective, only if there is detailed operational definition provided to the term, and alongside there are serious factors that need clear depiction, analysis and complete understanding thereof. It is also necessary for countries to look at this clause at a time when injury is caused to product producers and its cause has been clearly established. However, taking the consideration of European Union, the Basic Regulation on Anti-dumping, â€Å"Community Interest† clause is provided compulsory status; with no such status given under the Indian law. Domestic Administration of Countervailing Duty Laws in US United States of America is the exclusive user of countervailing duty laws and hence very vital to understand the institutions and methodologies it provides to administer those laws. There are fourShow MoreRelatedAirborne Express 714476 Words   |  58 Pagesin this point of view. 2. In the past, national governments greatly affected the pace of globalization through agreements to lower barriers to international trade and investment. Is the pace of change now outpacing the capability of governments to manage the global economy? 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