DIRECTORATE GENERAL OF TRADE REMEDIES

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Context

• The Directorate General of Trade Remedies (DGTR) has initiated several systemic and procedural changes for Enhancing Transparency and Ease of Doing Business, thereby reducing the compliance burden on stakeholders.
• This has been achieved through an extensive exercise towards simplification of Rules, Processes and Procedures relating to Trade Remedy.

Details

• The Directorate General of Trade Remedies (DGTR) (earlier known as DGAD) was formed in 2018 as an integrated single window agency for providing comprehensive and swift trade defence mechanism in India.
• It is a single national entity dealing with all kinds of Trade Remedial measures (anti-dumping, countervailing, safeguard).

• It also provides trade defense support to our domestic industry and exporters in dealing with increasing instances of trade remedy investigations instituted against them by other countries.
• DGTR provides a level playing field to the domestic industry against the adverse impact of the unfair trade practices like dumping and subsidies from any exporting country.
• For this it uses Trade Remedial methods under relevant framework of WTO arrangements, Customs Tariff Act & Rules and other relevant laws and International agreements, in a transparent and time bound manner.
• DGTR functions as an attached office of Department of Commerce, Ministry of Commerce and Industry.

Must Read:

Anti Dumping Duty: https://www.iasgyan.in/daily-current-affairs/anti-dumping-duty

WTO ARRANGEMNTS: https://www.iasgyan.in/blogs/wto-boxes-explained

https://www.pib.gov.in/PressReleasePage.aspx?PRID=1826070