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WTO reports sharp surge in new anti-dumping investigations
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09:23, October 21, 2008

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The number of new anti-dumping investigations initiated by WTO members showed a sharp 39 percent increase in the first half of this year, the world commerce body said on Monday.

During Jan. 1-June 30, 16 WTO members reported initiating a total of 85 new investigations, compared with 61 initiations reported by the same number of WTO members for the corresponding period of 2007, a WTO statement said.

The number of new anti-dumping measures applied also increased, although to a lesser extent, according to the statement.

A total of 12 members reported applying 54 new final anti-dumping measures during the first half of 2008, 6 percent higher than the 51 new measures reported by 17 members for the corresponding period of 2007.

WTO said China remained the most frequent subject of the new investigations, with nearly one half (37) of all of the new initiations reported directed at its exports.

This was a 76 percent increase over the 21 new investigations opened in respect of exports from China during the same period of 2007.

Thailand was next, with seven new investigations directed at its exports, followed by the European Union, Indonesia and the Republic of Korea.

Source:Xinhua



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