Termination of Safeguard Investigation against import of PVC Suspension Grade Resin – International Trade Law Update #46
On July 8, 2021, DGTR issued notification terminating Bilateral Safeguard investigation concerning import of PVC Suspension Grade Resin concerning import from Japan in terms of India-Japan Comprehensive Economic Partnership Agreement (Bilateral Safeguard Measures) Rules, 2017.
The country specific safeguard investigation was initiated in September 2020 pursuant to request by Indian domestic industry claiming injury due to imports from Japan.
However, on March 8, 2021, domestic industry withdrew the application in view of material changes in the market situation with liberty to re-file again in future. In view of the above request, DGTR terminated the investigation.