Don’t miss the latest developments in business and finance.

Expert Flays Anti-Dumping Norms

Image
Our Bureau BUSINESS STANDARD
Last Updated : Feb 26 2013 | 1:13 AM IST

The anti-dumping measures that developed countries are resorting to for protecting domestic trade and industry are totally unjustified, said

Sidney N Weiss, eminent US-based international trade law expert.

In the context of countries seeking to move towards a globalised free world trade regime, he felt that if an exporter-company wants to push its products at below-cost sales, then it should be allowed to do so.

This, Weiss said, is in the interest of developing a healthy and competitive marketplace. Consumers have a right to get quality products at a reasonable price irrespective of whether it is made locally or procured from abroad, he added. If a company exports a product at a price lower than the price it normally charges on its own home market, it is said to be

More From This Section

First Published: Feb 18 2003 | 12:00 AM IST

Next Story