UK trade body proposes to extend anti-subsidy duties on Indian PET imports for five more years

UK trade body proposes to extend anti-subsidy duties on Indian PET imports for five more years

The UK’s Trade Remedies Authority has published its initial findings that a countervailing or anti subsidy measure on the imports of polyethylene terephthalate from India be maintained for a further five years.

UK trade body calls for duties on Indian imports of PET plastics to continue

London: The UK’s Trade Remedies Authority (TRA) has published its initial findings that a countervailing or anti-subsidy measure on the imports of polyethylene terephthalate (PET) from India be maintained for a further five years. The proposal, published in a ‘Statement of Essential Facts’ this week, follows a review initiated in July last year which concluded that subsidised imports of PET are likely to recur if the measure was no longer applie…