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BIZCHINA> Top Biz News
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China 'discontent' over India's move to levy aluminium duties
(Xinhua)
Updated: 2009-07-07 16:00
The MOC said in a statement on its website that the move "not only has a negative effect on bilateral trade, but also harms the interests of Indian enterprises." The Indian Finance Ministry said in a statement on June 19 that the country would imposed a safeguard duty of as much as 30 percent on imported aluminium products from China. The MOC said China hoped the Indian government would encourage a closer cooperation between companies from both sides, and adopt a prudent attitude towards bilateral trade measures. (For more biz stories, please visit Industries)
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