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In a major success for India’s jute industry, the Brazilian government has terminated the Anti-Dumping Duty on import of jute goods into Brazil on five producer-exporters of jute from India. Also, the Brazilian government reduced the rate of Anti-Dumping Duty for other Indian companies from 38.8% to 27.8%.
The Jute Manufacturers Development Council (JMDC) had been fighting this case with the Brazilian authorities since 1997 as the nodal agency. Following the victory in the European Patent Case on Waste Treatment using Hessian, this is the second successive achievement in the international trade disputes, which were contested by JMDC.
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