India's termination of special safeguard investigations against Chinese tires expressed appreciation for the Ministry of Commerce

Core Tip: The Indian Ministry of Finance, September 30 issued a notice to terminate car tire on China safeguard investigations. Head of the Chinese Ministry of Commerce expressed his appreciation.

The Ministry of Commerce Website October 10 News September 30, Indian Bureau of the Ministry of Finance issued a public notice security measures, decided to terminate my car tires safeguard investigations. Recently, the Chinese Ministry of Commerce of fair trade person in charge has spoken on this appreciated. The official said that this decision is not only beneficial to Sino-Indian bilateral trade relations have developed steadily and is also conducive to a number of downstream business interests in India. The Chinese side hopes the Indian government the issue of bilateral trade to strengthen communication and consultation, and encourage both sides to strengthen dialogue and cooperation with industry to achieve mutual benefit and win-win situation.

India on May 18 this year, Chinese-made car tires initiated safeguard investigations. Ministry of Commerce attaches great importance to the case proceeded to carry out a multi-level consultations on representations and adequate legal defenses, relevant industry organizations, enterprises have also made positive legal defenses and persuasion.

Earlier, the Indian Ministry of Finance safeguards Board also released on September 23 on my car before the bridge, steering knuckle, and special safeguard investigations crank final ruling notice that imports from China increase in the number of these products is temporary, and no effective evidence to show that imported products and the causal relationship between the market disruption, it ruled that products imported from China right not to collect special bonded.

(This article Source: Ministry of Commerce website)