Trade Policy Updates (From 1st July to 31st July 2019)
1) FTA with EU benefits Vietnam
Almost 11 percent of Vietnamese apparel exports to the EU will get complete duty waiver at the time of enforcement of this agreement.
2) Indian Govt may impose anti-dumping duty on imports of nylon multi-filament yarn from 4 nations
The government may impose anti-dumping duty on imports of certain types of filament yarn from China, Korea, Taiwan and Thailand.
3) Anti Dumping Duty Imposed On PTA import from South Korea & Thailand
The Finance Ministry has imposed definitive anti-dumping duty on all imports of purified terephthalic acid (PTA) from South Korea and Thailand.
4) European Union Could Impose Extra $39.1 Billion in Retaliatory Tariffs on U.S. Goods
Proposed Textile products that could face tariffs, sweaters and vests from wool and cashmere from Kashmir goats, as well as apparel items such as men’s and boys’ suits.