India plans curbs on cheap API imports from China to shield TB drug makers

New Delhi: India plans to impose anti-dumping duties on ethambutol hydrochloride—a critical input used in tuberculosis (TB) medicines—to curb cheap imports from China and Thailand, according to a government order reviewed by mint. As per the order, the Directorate General of Trade Remedies (DGTR) in its preliminary investigation has found prima facie evidence that imports…

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EU halts GSP benefits for many Indian exports amid key FTA talks: Will it impact shipments? Here’s what government says

Starting 1 January, the European Union (EU) has halted export incentives for industries including plastics and textiles under a preferential program involving India and two other nations. While India’s commerce ministry suggests this transition won’t dampen the country’s exports to the 27-member union, the EU has actually been incrementally withdrawing Generalized Scheme of Preferences (GSP)…

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