Dispute between IRAN(country) and WTO Essay Example
Pakistan: Anti-dumping duty causes $500m to Pakistan (5th March, 2004)
The President Rawalpindi Chamber of Commerce and Industry (RCCI), Hussain Ahmed Ozgen, found the decision of burdening of the anti-dumping duty on the cotton type bed-linen of Pakistani by European Union as of discrimination towards the textile industry. The decision of the European Union was identified to be a disaster to the textile industry of Pakistan, as it had been determined that failure to incorporate appropriate measures in regard to the country’s exports, then Pakistan is bound to face severe crisis in its export channels. This was a time when most of the country’s exporters were relying on the government to raise the issue at hand compellingly.
With an aim of seeking a solution about the issue through immediate exclusion of the duty imposed against the product of Pakistani, most of the exporters of the textile products have opted to confront the imposition of anti-dumping duty by the EU within the WTO. With such boldness over the issue at hand, the business community is debating on various solutions towards the decision taken by European Union over textile product export. The case has been taken up to World Trade Organization, which is effectively handling it in all manners. The concern about the future of Pakistan in textile product export power started when the imposition of duty was initiated. This means that Pakistan was to lose more than 500 million dollars of the revenue, given that the 15-member European Union community were to go ahead to implement their decision of imposing anti dumping on the textile product of Pakistani.
Such a decision of imposing anti dumping on the textile product of Pakistani by the European Union was not just being a disadvantage to Pakistan, but in favor to other countries such as Indian. This decision was taken against Pakistan despite the fact that its textile products were considered to be of superior quality than any other countries that had been left out. For the purpose of ensuring that such issue is completely solved, Pakistan government had lobbied comprehensively against the decision of anti-dumping duty, and this was done despite not being a party over the existing row between Pakistani exporters and the European Union community. Being one of the countries that are counted in the 1845 anti dumping cases that had happened, Pakistani textile product exporters have turned out to be more regular targets of AD investigations.
Clear signals of the predisposition attitude by the European Community towards Pakistan was shown by the repeated closer investigations and imposition of anti dumping duties by the European Union over bed-linen from Pakistan. Most of the textile product exporters in Pakistan do not have the infrastructure for the purpose of applying such measures in effectively protecting the textile industry from anti-dumping policies. Such measures have enabled most of the developing countries to start applying AD and CV procedures. In most of the developed economies, the use of frivolous anti-dumping legal actions has turned out to be a tool used for imposing different tariff blockades, and this is achieved by coming up with false cases within the well known sectors where competing is a hard-off.
Pakistan: Anti-dumping duty causes $500m to Pakistan (5th March, 2004). Retrieved on April, 5th 2011 from: http://www.fibre2fashion.com/news/NewsDetails.asp?News_id=6188
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