Practice of price undertaking, as prevalent in the imposition of anti-dumping duty, is the topic of discussion this month. Article in this April 2013 issue of the International Trade Amicus concludes that though the wordings of Rule 15.3 of the Anti-dumping Rules are generic in nature, the DGAD along with appellate forum has tried to do justice with the concept of price undertaking. WTO this month discussed the amendment in Agriculture Rules while Committee on Technical Barriers to Trade has begun working on guidelines for regulations on Good Regulatory Practice. Request by a dairy major in India to the Indian Commerce Ministry to have a relook on the EU-India FTA and the order of the US court of International Trade upholding imposition of countervailing duty on non-market economies (NME) are other highlights of this issue.
