The Indian Government Appeals For Extending Anti-Dumping Duties On Raw Silk.

In order to promote domestic raw silk production, the India business and Industry Federation (Assocham) appealed to the government to extend anti-dumping duties on raw silk imported from China to December 2015, "P > < a href=" //www.sjfzxm.com/news/index_c.asp "> India < /a > media reports.

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< p > Assocham Secretary General Rawat said, < a href= "//www.sjfzxm.com/news/index_c.asp" > raw silk < /a > import restriction involves two aspects. First, the sericultural farmers are against importing raw silk from China at low price, which threatens their livelihood. Two, the textile industry needs raw silk to meet the growing demand.

To this end, we need to regularly review the import policy of raw silk, deal well with the relationship between sericulture producers and textile manufacturers, and balance the interests of the two parties.

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< p > Assocham research shows that the silk printing industry provides employment opportunities for 7 million 600 thousand people in about 51000 villages, with 328 thousand hand looms, 45 thousand and 800 machine looms and 814 thousand textile workers.

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< p > total imports of Indian silk increased from 124 million US dollars in 2000-01 to US $312 million in 2012-13 years, with an annual increase of 8%.

In the 2012-13 years, the import of raw silk was 227 million US dollars, accounting for 73% of the total import value of < a href= "//www.sjfzxm.com/news/index_c.asp" > silk < /a >.

China is the largest source country for import of raw silk.

In the 2012-13 year, China exported 224 million 500 thousand dollars to India's exports, accounting for nearly 99% of the total imports of raw silk.

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< p > the anti-dumping duty on raw silk imported from China was printed in January 2003. After January 2008, it was reassessed by sunset for January 2014.

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< p > related links: < /p >

Less than p ago, the seventh round of EU free trade agreement (VEFTA) consultations were held in Hanoi. After 6 consultations, the two sides have reached a considerable degree of agreement. The signing of the Vietnam free trade agreement will become a major breakthrough in Vietnam's foreign trade and economic relations.

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Ranjig, Vietnam's prime minister, said that the agreement is expected to be signed in October this year, and hopes that the EU will consider importing more products such as agricultural products, textile and garment products in Vietnam.

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P, the European trade and investment policy assistance agency, said Vietnam's tariffs on European exports will be reduced from 12% to zero after the entry into force of the free-trade agreement. This will push Vietnam's total trade volume to 30%~40%, which will help the Vietnamese government to promote structural reform and improve business environment.

In addition, the textile and garment industry is the most important industry in Vietnam's exports to Europe, accounting for 18% of the total exports to the EU.

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The P is the largest economy in the world, and GDP accounts for 22% of the world's total.

From 1995 to 2012, the export volume of Vietnam's exports to Europe has increased by 20 times. It is estimated that by 2020, Vietnam's export to Europe will increase by 75%. The industries that benefit most include textiles, garments, footwear, food processing, handicrafts and so on.

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