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NEWS: Directorate of trade remedy measures is an omnibus body: Khullar.

Business Line

| August 28, 2009 | COPYRIGHT 1999 Kasturi & Sons Ltd. (Hide copyright information)Copyright

from BUSINESS LINE, August 28, 2009 New Delhi, Aug 27 - The proposed Directorate of Trade Remedy Measures outlined in the foreign trade policy (FTP)on Thursday is not just an adjunct for extending trade defence measures but is an omnibus body to address the concerns of small and medium exporters on dumping, import surge and countervailing actions of overseas competitors.

Disclosing this to Business Line here in an interview, the Commerce Secretary, Dr Rahul Khullar, said that India has not so far taken any countervailing measure against a trading partner which subsidises exports and such exports causes injury to the domestic industry.

"We have taken action against …

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