Monthly Sector Update | Chemical | September 2020

Sep-2020

A large number of countries are taking steps to revive their industry amid the Covid disruption. Anti dumping is one such tool that supports the local industry while not costing the Government. The WTO Agreement does not regulate the actions of companies engaged in “dumping”. Its focus is on how governments can or cannot react to dumping. It disciplines anti-dumping actions, allowing these when there is genuine material harm to the domestic industry.