International Trade Laws and Anti-Dumping
In the arena of international trade, we handle trade disputes through arbitration, conciliation and also litigation depending upon the treaties and regulations. Such disputes also include the resolving of the issues relating to dumping of goods which was a concept established by WTO. Goods in this concern are referred to be dumped when a company exports goods from one country to another at prices less than that in the importing country. Certain companies follow this procedure generally in order to dispose off certain goods which have less demand in the importing country and can be useful in the country they have been exported to. In such situations, these companies are required to pay an anti-dumping duty which is meant to bring back fair trade on an international forum. Consequently, the domestic industry is secured in the aspects of fair trade.