ADDRESSING the Fifth Workshop for Heads of Investigating Authorities at the WTO,
Director General, Pascal Lamy, pointed out that there has been a significant
decline in the initiation of new anti dumping investigations. The number of
investigations that once zoomed to 213 in the year 2008 has dropped to 153 in
the year 2011. He also stated that contrary to the expectations of experts, that
there would be a significant rise in trade remedy action due to the financial
crisis, there has not been any hike in such actions. He also said that the
trends in countervailing measures are however different and initiations have
seen an upward trend are likely to continue in the coming months and years,
though the absolute numbers of countervailing initiations are far below those of
anti-dumping.
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