Ukrainian anti-dumping investigation against Chinese Korean fabrics

The Ukrainian International Trade Inter-departmental Committee has announced the initiation of anti-dumping investigations on velvet fabrics (including plush fabrics), towel fabrics, and lactic acid products originating from China and South Korea. This decision marks a significant step in addressing concerns over unfair trade practices. The affected product category is classified under HS code 6001. Ukraine's recent history in international trade highlights its commitment to global economic integration. In May 2008, Japan officially joined the World Trade Organization (WTO) as its 152nd member, setting a precedent for other nations to follow. This background underscores the importance of maintaining fair trade practices and protecting domestic industries from potential harm caused by dumping. The Ukrainian complainant asserts that the dumped imports have caused substantial injury to the domestic textile industry in Uzbekistan. According to the complaint, Chinese exports to Ukraine were sold at prices 81.7% lower than those in the Chinese domestic market. Between the second half of 2004 and the first half of 2007, these unfair pricing practices led to severe consequences for Uzbekistan’s local manufacturers: 1. A 36% reduction in production scale. 2. Many companies operating at a loss. 3. A 26.92% decline in the size of the domestic industry. Additionally, the market share of Uzbekistan’s domestic producers fell by 40%. Meanwhile, the price of Chinese products exported to Ukraine was 54.4% lower than that of locally produced goods, leading to a dramatic increase in Chinese market share—by 213.86%. In response, the Ukrainian authorities have mandated that all relevant companies register with the U.S. investigation agency within 30 days of the announcement. They also have 60 days to submit written questionnaires and supporting documents for review as part of the ongoing anti-dumping inquiry. This process aims to ensure transparency and fairness in assessing the impact of imported goods on the domestic market. The case highlights the growing challenges faced by developing economies in balancing trade liberalization with the need to protect local industries from unfair competition. As the investigation proceeds, stakeholders will be closely watching for further developments and potential policy adjustments.

3M-8M Diameter Yurt

3M-8M Diameter Yurt,Traditional Mongolian Yurt,Custom 3M-8M diameter yurt,Ger Mongolian Tent

Jinan Golden Bull Canvas Textiles Co.,LTd , https://www.jgbct.com