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  • Business News

    Home>INDUSTRY NEWS>Business News

    India launches safeguard investigation on imports of unwrought aluminium

     The World Trade Organisation (WTO) has informed that India has launched a safeguard investigation to determine whether increased imports of unwrought aluminium is causing a threat or is adversely impacting the prospects of the domestic industry.
     
    According to WTO, India notified the Commitee on Safeguards that initiated on 7 April a safeguard investigation on "not-alloyed ingots of unwrought aluminium."
     
    A safeguard investigation seeks to determine whether increased imports of a product are causing, or is threatening to cause, serious injury to a domestic industry.
     
    During a safeguard investigation, importers, exporters and other interested parties may present evidence and views and respond to the presentations of other parties.
     
    A WTO member may take a safeguard action (i.e. restrict imports of a product temporarily) only if the increased imports of the product are found to be causing, or threatening to cause, serious injury.
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