India starts mid-term review of existing anti-dumping duty on Jute imported from Bangladesh, Nepal

NEW DELHI: India has started a mid-term review of the existing anti-dumping duty imposed on Jute products imported from Bangladesh and Nepal, according to a notification.

The review was started by the commerce ministry's arm Directorate General of Trade Remedies (DGTR) following a request for the same from Jute Mills Association and AP Mesta Twine Mills Association on behalf of its members.

The applicants have submitted that there is a need to re-evaluate and enhance the anti-dumping duty levied against imports of jute from these two countries as there has been decline in the export price of these goods.