United Kingdom has decided by referendum to leave the European Union and once it officially pulls out, UK will have to establish its own tariffs and trade relations with the EU and third countries such as India.

Market economy status for China, in the backdrop of ongoing crisis in the steel industry, is the topic of discussion in the Article in this issue.

Recent WTO discussions have centered on the question of China’s entitlement to Market Economy Status (MES) post 11th December, 2016.

United States maintains a licensing mechanism known as the Steel Import Monitoring and Analysis (SIMA) System, according to which any business importing steel mill products covered under the licensing program is required to procure a license.

Disclosure of information by the Designated Authority in an anti-dumping investigation is regulated to a large extent by Rule 6(7) as well as Rule 7 of the Anti-dumping Rules.

Since 2001 when China joined the WTO, it has been treated as a non-market economy country. Because of the non-market economy treatment, in most anti-dumping investigations, China’s domestic cost and selling price are not considered by the investigating authorities.

The need for determination of the domestic industry comes at the stage of initiation of an investigation.

Article in this December 2015 issue of the International Trade Amicus discusses Countervailing duty laws in India.

Article in this November 2015 issue of International Trade Amicus discusses the issue of ‘Date of expiry of definitive anti-dumping duty’.

Article in this issue of International Trade Amicus discusses a recent decision of the Indian Supreme Court on maintaining consistency between Indian Domestic Law and WTO: ADA.