Press Esc to close

Govt imposes anti-dumping duty on 98 items imported from China

DH News Service, New Delhi, Jan 3 2018, 22:41 IST
The government has imposed anti-dumping duty on 98 products imported from China, alongside taking steps to reduce trade deficit with the neighbouring country. PTI file photo

The government has imposed anti-dumping duty on 98 products imported from China, alongside taking steps to reduce trade deficit with the neighbouring country. PTI file photo

The government has imposed anti-dumping duty on 98 products imported from China, alongside taking steps to reduce trade deficit with the neighbouring country.

Minister of State for Commerce and Industry C R Chaudhary said this in a written reply to Rajya Sabha.

The items on which anti-dumping duty was imposed on December 27 included steel and other metal products, vitamin A and C, certain chemicals, electrical and electronics items.

He said India and China have singed a five-year development programme for economic and trade cooperation in order to lay down a medium term roadmap for promoting balanced and sustainable development of economic and trade relations between China and India on the principle of equality and mutual benefit.

India's trade deficit with China has been at $36.73 billion so far this financial year.

"Increasing trade deficit with China can be attributed primarily to the fact that Chinese exports to India rely strongly on manufactured items to meet the demand of fast expanding sectors like telecom and power," the minister said.

Go to Top

More from this section
Most trending stories
Photo Gallery
Narendra Modi, Benjamin Netanyahu and his wife Sara during their visit to Sabarmati Ashram...

Narendra Modi, Benjamin Netanyahu and his wife Sara during their visit to Sabarmati Ashram...

Narendra Modi, Benjamin Netanyahu and his wife Sara during their visit to Sabarmati Ashram...

Narendra Modi, Benjamin Netanyahu and his wife Sara during their visit to Sabarmati Ashram...

New recruits of Madras Engineer Group and Centre during a military training demonstration...

New recruits of Madras Engineer Group and Centre during a military training demonstration...

Defence Minister Nirmala Sitharaman waves from the cock-pit of IAF's Sukhoi-30 MKI plane...

Defence Minister Nirmala Sitharaman waves from the cock-pit of IAF's Sukhoi-30 MKI plane...

R Madhavan, Amit Sadh, Sapna Pabbi and Vijay Subramaniamduring the trailer launch...

R Madhavan, Amit Sadh, Sapna Pabbi and Vijay Subramaniamduring the trailer launch...

The newly-raised all women bikers contingent of Border Security Force (BSF) ‘Daredevils' practice...

The newly-raised all women bikers contingent of Border Security Force (BSF) ‘Daredevils' practice...

The newly-raised all women bikers contingent of BSF Daredevils...

The newly-raised all women bikers contingent of BSF Daredevils...

India and Japanese Coast Guard ships participate in a joint naval drill as part of the search...

India and Japanese Coast Guard ships participate in a joint naval drill as part of the search...

Homeless people sharing meal at a pavement in New Delhi...

Homeless people sharing meal at a pavement in New Delhi...

Camel-mounted BSF soldiers participate in a rehearsal for the Beating Retreat ceremony...

Camel-mounted BSF soldiers participate in a rehearsal for the Beating Retreat ceremony...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.