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Economy

India should avoid abuse of trade remedy measures: MOC

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2017-08-25 08:48Xinhua Editor: Gu Liping ECNS App Download

A spokesperson for China's Ministry of Commerce (MOC) said Thursday that India should follow WTO rules and avoid abusing trade remedy measures.

"India has always been an active user of anti-dumping measures as a member of the WTO," spokesperson Gao Feng said at a press conference.

Since 1994, India has launched 212 anti-dumping investigations against Chinese products, with 13 investigations launched this year. The country currently has 93 anti-dumping measures against China, according to Gao.

"China is highly concerned with India's trend of frequent investigations and asks India to use trade remedy measures in a prudent and restrained manner," Gao said.

China will resolutely safeguard the legitimate rights and interests of Chinese companies and support their efforts to respond to the cases, he added.

"As BRICS nations and large developing countries, China and India should work together in championing the free and open multilateral trade mechanism," said Gao.

BRICS is an emerging-market bloc grouping Brazil, Russia, India, China and South Africa. Leaders of the five countries are scheduled to meet in early September in Xiamen, southeast China's Fujian Province.

China is willing to make joint efforts with India to build a platform for industrial dialogues and negotiations to resolve trade frictions and achieve mutually beneficial results, Gao said.

  

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