Search Result for : Taiwan

PTI The Trump administration has placed six of its major trading partners including China and Japan on a "monitoring list" to keep a close watch on their currency practices. It has placed China, Germany, Japan, Korea, Switzerland and Taiwan in the monitoring list in its six-monthly report to the Congress. "Treasury finds that six major trading partners warrant being placed on the monitoring list for special attention: China, Germany, Japan, Korea, Switzerland and Taiwan," the report said. The US Department of Treasury yesterday concluded that no major trading partner of the US met the Congressional standards for currency manipulation in the second half of 2016. Additionally, US Department of the Treasury established a "monitoring list" of major ...

The Dollar Business Bureau The DGAD has initiated a sunset review of ADD (Anti-dumping duty) imposed on the imports of phosphoric acid from Israel and Taiwan in its initiation notification no.- SSR 4/2017 dated Jan 12, 2017. The definitive anti-dumping duties on the imports from both the countries were imposed on April 4th, 2012 which expired on Jan 12 of this year. Based on the examination of the petition filed by the domestic industry the High Court of Delhi has initiated a review of the sunset review from the producers/exporters involved in the manufacture or sale of Phosphoric Acid of all grades and all concentrations (excluding Agriculture/Fertilizer Grade). Phosphoric Acid is an inorganic chemical used in the production of sodium phosphate, calcium phosphate, magnesium ...

PTI President Barack Obama's White House today made it clear that US' ties with Taiwan was not a "bargaining chip" and that America was firmly committee to the decades-old "One-China" policy, a day after president-elect Donald Trump questioned the relevance of pursuing the policy. "The United States government, under the leadership of President Obama, has been and remains firmly committed to our one-China policy. That's also the policy, by the way, that previous presidents in both parties have pursued and our country has benefited from adherence to that policy," White House Press Secretary Josh Earnest told reporters. "One reason that we have pursued that policy is because the Obama administration does not view Taiwan and our relationship with Taiwan as a ...

Aamir H Kaki  Rushabh Shah is the President of Trade Association of Information Technology (TAIT), which represents the interest of the IT community in the ecosystem of distributors, sub-distributors, resellers, system integrators and service providers. He spoke with The Dollar Business about the IT industry, Make in India, GST and much more.  TDB: Please share the vision and purpose behind TAIT. Rushabh Shah (RS): We started this association in 1996 and have just completed 20 years. Ours is a dynamic association, therefore our objectives keep changing with time. When it started, there were a lot of problems that our members were facing. There were issues related to excise, taxation etc. So, you can say, it started as a group of affected people coming together ...

The Dollar Business Bureau  Taiwan has introduced a new and simplified group visa regime to encourage more high-end tourist groups from Southeast Asian countries to visit Taiwan. According to the new policy, the Taiwanese government will give free visas to five or more persons to increase the MICE movement to Taiwan, as it aims to cater to high-class travellers from countries like India, Indonesia, the Philippines, Vietnam, Myanmar, Cambodia and Laos. “We are promoting Taiwan as the destination for corporate meetings and conferences,” said Shuhan Pan, International Affairs Division, Tourism Bureau of Ministry of Transportation and Communications. In a similar move, the Taiwanese government had introduced a MICE Incentive Plan for the Indian market in December last year, with specially-designed MICE-centric sample itineraries, special ...

The Dollar Business Bureau Technology companies from Taiwan are optimistic about the Indian market, specifically the Smart City project and are exploring business opportunities in the country. Speaking at an event in New Delhi on Tuesday, Scott Yang, Deputy Executive Director, Taiwan External Trade Development Council, said that FDI in India has increased considerably over the past two years, which is grabbing the attention of companies across the globe. Several companies from Taiwan shared brief presentations about their products at the event. “The Government of India’s Smart City project offers huge opportunity for collaboration between Taiwan and India," he added. To explore business opportunity in India, around 47 Taiwanese companies have been participating in the 2nd Smart Cities India 2016 Expo, which is from May ...

The Dollar Business Bureau India along with four other countries is facing an anti-dumping investigation in the US for unfair practices in the import of corrosion-resistant steel products. The US International Trade Commission (USITC) has begun an investigation to determine whether to impose anti-dumping and countervailing duties on the import of these steel products from India, China, Italy Korea and Taiwan, a report said. The probe was ordered after six major US steel producers filed a petition before the USITC, alleging suppliers of these countries of causing injuries to the domestic industry. The petition was filed by the United States Steel Corporation, Nucor Corporation, Steel Dynamics Inc, California Steel Indutries, ArcelorMittal USA LLC and AK Steel Corporation on June 3, according to ...

Aadhira Anandh | The Dollar Business The anti-dumping investigation carried by the Directorate General of Anti-Dumping & Allied Duties on the sunset review of the matters relating to the import of potassium carbonate, have resulted in the central government continuing to impose definitive anti-dumping duties on potassium carbonate (subject goods). A Ministry of Commerce notification said that the petition was filed by Gujarat Alkalies and Chemicals Limited (GACL) in June 2009. GACL is one of the major producers of potassium carbonate for the Indian market and had filed this petition on the imports of potassium carbonate originating in or exported from the European Union, Korea RP, China PR and Taiwan. The results came out in such a way saying that duties ...