Month: August 2024

Introduction to Countervailing Duties: Countervailing duties (CVDs) are a crucial instrument in international trade policy, designed to counteract the effects of foreign subsidies that distort competition in the domestic market. When governments provide financial support or subsidies to their industries, it can give those industries an unfair advantage in global…

Anti-dumping duties are governed by several key international agreements and frameworks designed to regulate and enforce fair trade practices. Here’s a point-wise overview of the primary agreements that govern anti-dumping duties at the international level: World Trade Organization (WTO) Agreement on Implementation of Article VI of the General Agreement on…

Anti-Dumping Duty: An Introduction Anti-dumping duties are a critical component of international trade law designed to protect domestic industries from unfair competition. They are imposed on foreign goods that are sold at a price lower than their fair market value, often due to pricing practices that undermine the competitive equilibrium.…

Importance of anti-dumping duties: Protection of Domestic Industries: Anti-dumping duties safeguard domestic businesses from unfair competition by countering the effects of foreign products sold below fair market value. Prevention of Market Disruption: By raising the cost of dumped imports, anti-dumping duties help prevent foreign companies from undermining local market conditions…

Filing a First Information Report (FIR) is a crucial step in the criminal justice system. It marks the beginning of the legal process for addressing a crime and ensures that law enforcement authorities are aware of the incident. If you’ve recently experienced or witnessed a crime and need to file…