MNS Pro
MONEY NOT SLEEP
  • India Market
  • International Market
  • Crypto
  • International News
  • हिंदी मे
No Result
View All Result
  • India Market
  • International Market
  • Crypto
  • International News
  • हिंदी मे
No Result
View All Result
MONEY NOT SLEEP
MNS Pro
Home India Market

The UK trade panel suggests lowering the threshold for Indian stainless steel

moneynotsleep by moneynotsleep
December 24, 2022
in India Market, India News
0
0
SHARES
0
VIEWS

The UK Trade panel Remedies Authority (TRA) has recommended that a countervailing measure on imports of stainless-steel bars and rods from India be lifted based on its preliminary findings.

In order to compensate for imports being sold at unjust rates as a result of government subsidies in their nation of origin, countervailing measures are put in place. Revocation of the policy would not likely harm the UK industry, according to the Statements of Essential Facts (SEF) released by the TRA on Tuesday.

“This was decided after the TRA discovered data that suggests UK trade panel firms export the majority of their output and only offer a small proportion of these bars and rods to the UK trade panel market. As a result, the TRA determined that there was little chance of harm from the measure’s withdrawal “It adds.

There will be a 33-day window after the release of the TRA interim conclusions for interested parties to comment on the document. The Secretary of State for International Trade, Kemi Badenoch, will ultimately decide whether to accept the TRA’s suggestion once the TRA has given it careful consideration and produced a final recommendation.

The Department for International Trade (DIT) created the TRA last year as a non-departmental public agency to examine whether trade remedy measures are required to address unfair import practices and unanticipated import surges. One of the three categories of trade remedies permitted by World Trade Organization (WTO) regulations is countervailing measures.

In reaction to Britain’s decision to place limits on its steel goods, India had earlier this year hinted that it would apply extra customs tariffs on the import of specific items from the UK.

Related

Previous Post

At a high-level meeting, PM Modi will examine the country’s status with COVID

Next Post

For Rs 2,850 crore, Reliance Retail would purchase Metro Cash & Carry India

moneynotsleep

moneynotsleep

Next Post
reliance retail

For Rs 2,850 crore, Reliance Retail would purchase Metro Cash & Carry India

Stay Connected test

  • 23.7k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest
Stock market loopholes in India

8 Major Stock Market Loopholes In India

December 3, 2022
New York Stock Exchange (NYSE), USA

Top 10 biggest stock exchanges in the world 2022

November 26, 2022
Top Stock Market Investors In India 2022 And Their Portfolios

Top Stock Market Investors In India 2022 And Their Portfolios

December 1, 2022
stocks for swing trading

How To Select Stocks For Swing Trading

November 30, 2022
New York Stock Exchange (NYSE), USA

Top 10 biggest stock exchanges in the world 2022

3

Amazon is the latest company to join the wave of layoffs, following Meta and Twitter

2
TATA TECH IPO

Tata Tech IPO Is Coming: First IPO After 18 Years

2
Union Budget 2023

Union Budget 2023: what should you anticipate

2
Adani enterprise share price

Adani enterprise share price falls as it calls off 20000 crores FPO.

February 2, 2023
Harsha Engineers International ltd

Harsha Engineers International ltd IPO stock price and latest news.

February 2, 2023
Union budget of india

Union budget of India 2023- From new income tax slabs to PAN Card, everything you need to know.

February 1, 2023
Economic Survey 2023 Highlights

Economic Survey 2023 Highlights: All you need to know 

January 31, 2023

Recent News

Adani enterprise share price

Adani enterprise share price falls as it calls off 20000 crores FPO.

February 2, 2023
Harsha Engineers International ltd

Harsha Engineers International ltd IPO stock price and latest news.

February 2, 2023
Union budget of india

Union budget of India 2023- From new income tax slabs to PAN Card, everything you need to know.

February 1, 2023
Economic Survey 2023 Highlights

Economic Survey 2023 Highlights: All you need to know 

January 31, 2023
Adani enterprise share price
India Market

Adani enterprise share price falls as it calls off 20000 crores FPO.

by moneynotsleep
February 2, 2023
0

The majority of Adani Enterprise share price fell drastically on the news of the FPO cancellation on Wednesday.

Read more
Harsha Engineers International ltd

Harsha Engineers International ltd IPO stock price and latest news.

February 2, 2023
Union budget of india

Union budget of India 2023- From new income tax slabs to PAN Card, everything you need to know.

February 1, 2023
Economic Survey 2023 Highlights

Economic Survey 2023 Highlights: All you need to know 

January 31, 2023
Adani vs Hindenburg battle continues

Adani vs Hindenburg battle continues as Adani strikes back at Hindenburg.

January 30, 2023
  • About us
  • Apply For Job
  • Contact us
  • Disclaimer
  • Privacy policy

© 2022 Moneynotsleep

No Result
View All Result

© 2022 Moneynotsleep