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WTO upholds Japan’s claim over India’s safeguard duties on steel

  • November 7, 2018
  • , Kyodo News , 2:37 a.m.
  • English Press

NEW YORK — A World Trade Organization dispute panel largely upheld Japan’s claim that India has breached WTO rules by imposing safeguard duties on steel product imports, according to a report published on Tuesday.

 

The findings, which can be appealed by either side, urged India to take corrective action, though the duties in question finished in March this year.

 

India introduced safeguard duties on steel imports through provisional measures in September 2015 and officially declared the imposition of safeguard measures in March 2016. The safeguard duties applied to hot-rolled steel, which is used in products such as automobiles, buildings and industrial machines.

 

Japan had argued that India was not entitled to impose safeguard duties because there were no declines in the production or sales volume of Indian steelmakers.

 

In April 2017, the WTO decided to set up a panel to look into Japan’s claim in the wake of a failure to resolve the issue in the bilateral consultation process under the global trade body.

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