“There are 35 days time and want to fill in a form of silk enterprises Sign responding, or the Indian export market may not be preserved.” Yesterday, the Municipal Foreign Economic and Trade Commission, Deputy Director of Foreign Trade Chengshi Qiu said, frowning. Half a month, leaving him only one thing of anxiety: the Indian silk trade dispute was underway, the recent Bureau of Indian Commerce and Industry announced on anti-dumping, by the Indian Government’s initiative on the origin of silk from China (20 per Mick weight 100) initiated sunset review of anti-dumping investigation period is April 1, 2009 to June 30, 2010. India gives reason: a large number of Chinese raw silk, gray silk fabric imported into India, so the price of similar producers affected.
It is reported that this involved one of the main seven Chongqing enterprises, including macro Mita, Jia Tai, Chang-state, stream, etc., involving up to 2700 million U.S. dollars.
35 days left to submit defense materials
India is the largest exporter of silk in Chongqing, the city last year, exports of silk products in India close to 30 million U.S. dollars, accounting for over ninety percent share of the city’s silk export. Late last month, China Textile Import and Export Chamber of Commerce held in Chengdu, “responding to Coordination,” which called Chongqing, Jiangsu and Zhejiang enterprises attach great importance to the selected team of lawyers together to discuss response options.
“We call upon the respondent enterprises in Chongqing.” Municipal Economic Commission, Foreign Trade Department officials said that China Textile Import and Export Chamber of Commerce is to contact lawyers, ready to organize an alliance of domestic enterprises to actively participate in responding.
“According to relevant regulations, we have a period of 40 days to submit a written defense materials, and now 35 days left.” Cheng Shiqiu said, or India to investigate the authority to unilaterally according to manufacturer’s rhetoric in India, has made 2006 the arbitration results changes. If you do not actively respond to Chongqing enterprises involved in the case is likely to lose the Indian market.
It is understood that, as early as 2006, India initiated the silk business in China over anti-dumping investigations, involving up to 181 million, China has hundreds of silk enterprises are involved in this vortex, as in the history of India launched with the largest anti-dumping case. That year, there are four Chongqing enterprises have become the accused.
Chongqing enterprises were involved in more than wait and see
Government departments and anxious than the local companies involved in the survey do not seem to mind. Yesterday, the reporters involved in anti-dumping investigation by the Indian macro Metroplex interview Enterprise Group, general manager of the company, said Wang Xiaohui, the Indian anti-dumping is often picked up a big stick, they already see the shell-shocked.
Macro Metroplex is the city’s largest export manufacturer of Indian silk, silk export volume last year alone amounted to $ 15,620,000, of which 90% are sold to the Indian market. “The species involved are mainly gray silk fabric, little impact on our exports for the year, exports in March rose a year-fold last year.” Xiaohui said.
And macro Mita, like Jia Tai, Chang and other state enterprises are in a wait state. Hesitant them there is a deeper reason: Even if the respondent, should be able to ensure the defense of success?
Wang Xiaohui revealed that in 2006 anti-dumping case, the macro Mita also actively responding to, but spent several hundred thousand lawsuits, the end result is still not satisfactory. Indian Commerce and Industry arbitration is made later, including a number of enterprises in Chongqing, including 22 Chinese silk was convicted of dumping established enterprises, the dumping margin at 24% -54%. India set a $ 1.662 -4.526 USD / m (including import tariffs and import charges 1%) of the minimum price.
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