India Extends Countervailing Duty on Chinese Chemical to Protect Domestic Market

The Directorate General of Trade Remedies (DGTR) has recommended extending the countervailing duty on the Chinese chemical 'Atrazine Technical' for five years to protect Indian producers. The commerce ministry's probe revealed current duties have bolstered local production. Final decision rests with the finance ministry.

The Directorate General of Trade Remedies (DGTR) has proposed to extend anti-subsidy duties on the Chinese chemical, 'Atrazine Technical', for an additional five years to safeguard domestic manufacturers in India.

In an official notification, DGTR highlighted the necessity for continuation and potential revision of the existing duties to support local producers.

This recommendation follows findings that current duties fostered market entry for Indian producers, leading to capacity growth. The final enforcement decision will be made by the finance ministry.