Page 21 - Annual Report 2019

manufacturers found not to be dumping in the anti- (iii) Semi-Annual WTO Meeting at Geneva
dumping investigation”, “Deficient responses”, “Trade
remedies as proactive tool”, “Economic development vs. The Meetings are held biannually at the WTO Head
upholding multilateral trading system”, “Ensuring Quarters, Centre William Rappard in Geneva to (i)
transparency and due process while protecting review the Semi Annual reports filed by all member
confidential information in trade remedy countries and (ii) discuss various topics relating to
investigation” and “Strengthening trade relations with Policy/Rules/Procedures of trade remedies amongst
other BRICS countries” member countries to enhance understanding of each
other’s methods in the “Working Group on
Implementation”. This greatly helps in exchange of
(ii) Regional Comprehensive Economic Partnership
best practices with member countries. Senior officers
who are well versed with the process of investigation
The Regional Comprehensive Economic Partnership were deputed to attend the biannual meetings
(RCEP) is a proposed Free Trade Agreement amongst organised by WTO Secretariat accompanied with an
ten member states of the Association of Southeast officer from Trade Policy Division. This year the
Asian Nations (ASEAN) (Brunei, Cambodia, DGTR delegation made a presentation on Indian Rules
Indonesia, Laos, Malaysia, Myanmar, the Philippines, and methodology for Anti Circumvention
Singapore, Thailand, Vietnam) and the six Asia- investigations in April Meeting and participated in the
Pacific states with which ASEAN has existing free detailed discussions regarding Sunset Reviews during
trade agreements (Australia, China, India, Japan, the November Meeting.
New Zealand and South Korea). RCEP is the world's
largest economic bloc, covering nearly half of the global (iv) Seoul International Forum on Trade Remedies
economy. This agreement is presently under active
stage of negotiation and is expected to provide market DGTR participated in the Seoul International Forum
access for India’s goods and services exports and on Trade Remedies, 2018 which provided an
encourage greater investments and technology into opportunity to exchange ideas and insights amongst
India. It would also facilitate India’s MSMEs to the international Trade Remedy Authorities, Experts
effectively integrate into the regional value and supply and Academics. The theme for the year was “The
chains. DGTR contributed in the trade remedy Challenges and Tasks of Investigating Authorities for
chapter of the agreement. A senior officer of the Free and Fair Trade”. Officials shared their valuable
Directorate was deputed to participate in various insights based on their extensive knowledge and
meetings held in this regard. experience in International Trade remedies.

13 | Annual Report 2018-19 | DGTR