Trade Update – October 3, 2022

KEY TRADE REMEDIAL UPDATES

Subject countries	Product	Investigation	Particulars
USA (Department of Commerce/International Trade Commission/International Trade Administration)
China	Certain Carbon Steel Butt-Weld Pipe Fittings	AD	Notice of Covered Merchandise Referral and Initiation of Covered Merchandise Inquiry
Czechia and Russia	Emulsion Styrene-Butadiene Rubber	AD	Notification of hearing for the final phase of the investigation
China	Forged Steel Fittings	CVD	Notice of Amended Final Results
China	Certain Amorphous Silica Fabric	AD, CVD	Determined revocation of the countervailing and antidumping duty orders on certain amorphous silica fabric from China would be likely to lead to continuation or recurrence of material injury to an industry in the United States within a reasonably foreseeable time
China	Common Alloy Aluminum Sheet	AD	Correction of Final Results of Antidumping Duty Administrative Review 2020–2021
Russia	Oil Country Tubular Goods	CVD	Final Affirmative Countervailing Duty Determination and Final Negative Critical Circumstances Determination
DGTR (Directorate General of Trade Remedies)
China	Industrial Laser Machines, used for cutting, marking, or welding	AD	Initiation of anti-dumping investigation.
China	Synthetic Grade zeolite 4A” (Zeolite 4A)	AD	Initiation of sunset review investigation.
China	Glycine	AD	Release of Final findings in the anti-dumping investigation.
China	Stainless-Steel Seamless Tubes and Pipes	AD	Corrigendum Notification

WTO, FTAs

• Public Forum session highlights importance of youth engagement in trade and peacebuilding
• Public Forum explores role of trade in accelerating transition to a green economy
• Put landmark Fisheries Subsidies Agreement into motion, governments urged at Public Forum
• South Korea ratifies FTA with Cambodia; boost to garment-textile exports
• Sri Lanka to implement FTA with Singapore
• Ahead of trade deal, U.K. firms urge India to unravel ‘frustrating’ red tape

TRADE POLICY

India

• India’s campaign for rupee trade finds fans from Russia to UAE
• Proposed trade promotion body by the Department of Commerce to drive Indian exports

USA

• The Office of the U.S. Trade Representative, Department of Commerce and Small Business Administration Convene the 11th United States-European Union Small- and Medium-Sized Enterprise Workshop

Europe

• European Commission releases report on ninth negotiation round with five Eastern and Southern African countries to deepen existing Economic Partnership Agreement

UK

• UK Foreign Secretary visits Singapore to discuss cooperation on trade and security

CUSTOMS

• Extension of Mandatory Certification for Additional Chemical Products
• Amendments to various BIS Standards
• Withdrawal and Establishment of BIS standards for certain products like Steel, Textiles etc.
• Amendments detailing dates of withdrawal of BIS Standards for Mineral Water
• Amendment to EPCG regarding the time limit to file returns
• Ratification of the National Logistics Policy, 2022
• Amendment in Import Policy Condition under ITC(HS) 0802.80.10

SANCTIONS & EXPORT CONTROL

• US sanctions Indian firm for trade with Iran amid tussle over nuke work
• Sanctions in response to Putin’s illegal annexation of Ukrainian regions by the UK

Disclaimer: The information contained in this document is intended for informational purposes only and does not constitute legal opinion or advice. This document is not intended to address the circumstances of any individual or corporate body. Readers should not act on the information provided herein without appropriate professional advice after a thorough examination of the facts and circumstances of a situation. There can be no assurance that the judicial/quasi-judicial authorities may not take a position contrary to the views mentioned herein