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Task force to examine India’s dumping move toward batteries of Bangladesh |
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March 5, 2001
Dhaka--- The government has formed a task force to examine India’s reported anti-dumping move against lead battery exports from Bangladesh. The Task Force, after ascertaining whether the move is a violation of SAPTA and anti-dumping and countervailing agreements of WTO, will suggest measures to protect the interest of Bangladeshi exporters. Headed by the Tariff Commission Chairman, the Task Force comprises of representatives from the Commerce Ministry, Export Promotion Bureau, FBCCI, MCCI and exporters concerned. Bangladesh Accumulator and Battery Manufacturers Association earlier pointed out that Indian authorities, prompted by two leading battery manufacturers, initiated a move to restrict battery imports from Bangladesh that controls only O.5 per cent of India’s huge battery market. Interestingly, one of those two companies signed a joint venture agreement with a Bangladeshi automobile group to set up a battery plant here and export the products to India. |