Date : 25 Jan 2022
Trade Defence Wing (TDW) under Department of Commerce bring relief to Indian ExportersTags :
Economic and Social Development-Sustainable Development, Poverty, Inclusion, Demographics, Social Sector Initiatives, etc.
Why in News?
- To address the needs of Indian exporters, the Directorate General of Trade Remedies (DGTR) besides conducting investigations against dumped and subsidised imports from other countries, also protects the interests of Indian exporters in investigations conducted by other countries against Indian exports through its Trade Defence Wing (TDW).
- The TDW was established in the year 2016, and has been the nodal point for extending support and defending the interests of Indian exporters in investigations undertaken by other countries against India.
- The TDW coordinates with various departments of the Central as well as the State Governments and presents India’s defence.
- TDW operations have recently gained momentum. The sustained efforts of the Trade Defence Wing are reflected in the fact that in majority of the preliminary and final findings issued during April 2021 – December 2021, by other investigating authorities on CVD Investigations/ Reviews conducted on the exports from India, minimal duty rates ranging from 3-6% have only been imposed.