INDIAN BED-LINEN REVISITED
January 1st, 2004
Keith Nuthall
THE EUROPEAN Commission seems determined to have the last word in its interminable row with India over cotton-type bed linen protection. Having abandoned its long attempt to impose anti-dumping duties, the Commission has now asked EU ministers to erect countervailing duties on these products, designed to compensate EU producers for alleged illegal Indian government subsidies. If approved, the tariffs would range between 5.3 and 10.4 per cent.
THE EUROPEAN Commission seems determined to have the last word in its interminable row with India over cotton-type bed linen protection. Having abandoned its long attempt to impose anti-dumping duties, the Commission has now asked EU ministers to erect countervailing duties on these products, designed to compensate EU producers for alleged illegal Indian government subsidies. If approved, the tariffs would range between 5.3 and 10.4 per cent.
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