China suggests to India forum for industries in 2 countries

China has proposed a forum for Indian and Chinese industries to settle issues arising out of huge imports from the communist country, instead of India imposing safeguard duties.

"They (Chinese delegation) requested [at a meeting with the Directorate General (Safeguards)] that there could be a forum for consultation between Chinese suppliers and Indian industry to resolve the issue of huge influx of imports," a source said.

Leading a four-member Chinese delegation, Director-General (Safeguards) Xiaoyan Zhou met his Indian counterpart S S Rana on Friday on safeguard duties.

India has proposed 31 per cent safeguard duties on imports of soda ash from China, 21 per cent on aluminium flat rolled products and 35 per cent aluminium foil.

The Directorate General (Safeguards) is also investigating whether there is a case of imposing such a duty on imports of nylon tyres from China.

The WTO provides for safeguard duties over and above the normal rate of customs duty to protect the interests of domestic industry in the case of huge imports. PTI

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