New Delhi, February 5, 2016 – The Forum for Trade Remedies organized a Workshop on Subsidy Law and Practice at the India Habitat Centre today. With the imposition of first countervailing duty on Chinese imports of wind operated electricity generator castings, the industry expressed a need for holding deliberations where they could understand how the subsidy law works and when subsidy duties could be imposed. The Forum therefore organized this workshop to provide an opportunity to the industry to understand the
subsidy law and practices.The workshop was graced by the presence of Smt. Rita Teaotia, Commerce Secretary, Ministry of Commerce and Industry along with Shri A.K. Bhalla, Designated Authority, Directorate General of Anti‐Dumping and Allied Duties, who gave the key note address, Shri Vinay Chhabra, Director General (Safeguards), who presided over as Guest of Honour, and Dr. G. Mohapatra, Joint Secretary, Department of Commerce. Various officers from the Govt. were also present on this occasion.
The Govt. addressed various concerns and issues raised by the domestic industries regarding the procedural and legal aspects of the trade remedial measures under the
The Indian manufacturing industry was ably represented by various delegates from major Indian companies including Mr. Ashish Bharatram, Managing Director, SRF Group, who provided insights into the core concerns of the industries with regard to trade defence system. Other champions of industry included Mr. R. Parthasarthy, Managing Director, Thirumalai Chmicals Limited, Mr. Anil Rajvanshi, Senior Executive Vice President & head Corporate Affairs, Reliance Industries Ltd. and Mr. Arun K. Bajoria, President JK Tyre and Industries Ltd., who raised industry concerns about trade defence law and practice.
The primary concerns of the industry at the daylong workshop revolved around the requirements for proceeding with imposition of subsidies measures, what steps the industry needs to take, the process that is followed by the Govt.
The workshop was attended by about 250 persons from Govt. and Industry.