{"id":22316,"date":"2025-03-20T08:31:36","date_gmt":"2025-03-20T03:01:36","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=22316"},"modified":"2025-04-06T18:52:59","modified_gmt":"2025-04-06T13:22:59","slug":"directorate-general-of-trade-remedies","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/directorate-general-of-trade-remedies\/","title":{"rendered":"Directorate General of Trade Remedies"},"content":{"rendered":"<h2>Directorate General of Trade Remedies Latest News<\/h2>\n<p>Trade Ministry Recommends 12% Duty on Steel Imports Amid \u2018Trade Diversion\u2019 Concerns<\/p>\n<h2>About Directorate General of Trade Remedies (DGTR)<\/h2>\n<ul>\n<li><strong>Established<\/strong>: <strong>May 17, 2018<\/strong> (formerly <strong>Directorate General of Anti-Dumping and Allied Duties<\/strong>).<\/li>\n<li><strong>Nodal Ministry<\/strong>: Department of Commerce, Ministry of Commerce and Industry.<\/li>\n<li><strong>Purpose<\/strong>: Acts as <strong>India\u2019s anti-dumping watchdog<\/strong>, ensuring a <strong>level playing field for domestic industries<\/strong> against <strong>unfair trade practices<\/strong> like <strong>dumping, subsidization, and import surges<\/strong>.<\/li>\n<\/ul>\n<h2>Functions of DGTR<\/h2>\n<ul>\n<li><strong>Conducts anti-dumping investigations<\/strong> and makes recommendations to the <strong>Government of India (GoI)<\/strong>.<\/li>\n<li><strong>Handles anti-subsidy (Countervailing Duty &#8211; CVD) investigations<\/strong> and advises the <strong>GoI<\/strong>.<\/li>\n<li><strong>Examines safeguard measures<\/strong> to protect Indian industries.<\/li>\n<li><strong>Manages litigation<\/strong> in <strong>CESTAT, High Courts, and the Supreme Court of India<\/strong>.<\/li>\n<li><strong>Engages with WTO<\/strong> on trade-related matters.<\/li>\n<li><strong>Conducts outreach programs<\/strong> to spread awareness of trade remedies.<\/li>\n<\/ul>\n<h2>Reasons for the Proposed 12% Steel Import Duty<\/h2>\n<ul>\n<li><strong>Global trade restrictions<\/strong>: The <strong>US imposed a 25% additional tariff on steel imports (effective March 12, 2025)<\/strong>, revoking earlier exemptions.\n<ul>\n<li><strong>129 trade remedy measures<\/strong> have been adopted by the <strong>EU, Canada, the UK<\/strong>, and other countries.<\/li>\n<li>This has led to <strong>excess steel being diverted to India<\/strong>, threatening domestic producers.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Overcapacity in Steel-Producing Countries<\/strong>:\n<ul>\n<li><strong>Japan, South Korea, and China<\/strong> produce steel <strong>far beyond their domestic consumption<\/strong>.<\/li>\n<li>Excess production is likely to <strong>flood export markets<\/strong>, <strong>undermining Indian steel prices<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2>Directorate General of Trade Remedies FAQs<\/h2>\n<p><strong>Q1. <\/strong>What is the Directorate General of Trade Remedies (DGTR)?<\/p>\n<p><strong>Ans.<\/strong> The DGTR is an agency under the Ministry of Commerce and Industry, Government of India, responsible for investigating and recommending trade remedial measures like anti-dumping duties, countervailing duties, and safeguard measures to protect domestic industries from unfair trade practices.<\/p>\n<p><strong>Q2. <\/strong>How long does an anti-dumping duty remain in force?<\/p>\n<p><strong>Ans.<\/strong> Typically, anti-dumping duties last five years, but they can be reviewed and extended based on necessity.<\/p>\n<p><strong>Q3. <\/strong>Does DGTR handle trade disputes with other countries?<\/p>\n<p><strong>Ans.<\/strong> DGTR primarily deals with trade remedy investigations but works closely with the Ministry of Commerce and the WTO Dispute Settlement Mechanism for international trade disputes.<\/p>\n<p><strong>Q4. <\/strong>What is the role of DGTR in the WTO framework?<\/p>\n<p><strong>Ans.<\/strong> DGTR ensures that India\u2019s trade remedial actions comply with WTO rules on anti-dumping, countervailing duties, and safeguards while protecting domestic industries.<\/p>\n<p><strong>Source: <\/strong><a href=\"https:\/\/indianexpress.com\/article\/business\/trump-effect-trade-ministry-arm-pushes-for-12-duty-on-steel-imports-citing-trade-diversion-9895343\/\" target=\"_blank\" rel=\"nofollow noopener\">IE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>DGTR recommends a 12% duty on imported steel to counter trade diversion from global protectionist measures, boosting domestic industry.<\/p>\n","protected":false},"author":5,"featured_media":22317,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-22316","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/22316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=22316"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/22316\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/22317"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=22316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=22316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=22316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}