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EU BEGINS ANTI-SUBSIDY PROCEEDINGS AGIANST INDIAN ACID IMPORTS.
NEW DELHI, Aug 1 Asia Pulse - The European Union has initiated anti-subsidy proceedings against imports of Sulphanilic acid from India.
The proceedings have been initiated on the basis of a complaint received by the EU in May 2001, alleging that Indian producers are being benefitted from a number of subsidies granted by the government of India.
In its notice of initiation the EU said, "the commission has received a complaint...alleging that imports of Sulphanilic acid, originating in India are being subsidised and are thereby causing material injury to the community industry".
These subsidies include a Duty Entitlement Passbook Scheme and its predecessor the passbook scheme, subsidies for industries located in export processing zones or for export ...
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