India will counter an allegation in the European Commission (EC) that its steel exports to Europe are subsidised, a senior commerce ministry official has said.
The Directorate General of Foreign Trade in the commerce ministry has begun the spadework for collecting documents to prove that the complaint before the EC was ill-founded. “We are collecting information to counter the allegation,” the official said.
EC has started an investigation into allegations that some steel imports from India are subsidised, resulting into damage to its domestic producers.
The allegations, if proved correct, could result in the European Union slapping anti-subsidy duties on these imports.