New Delhi: The Commerce Ministry has initiated a probe into alleged dumping of a medicine from China.
The Directorate General of Trade Remedies (DGTR) in a notification stated that a probe into alleged dumping of Ciprofloxacin Hydrochloride from China has been started following a complaint by Aarti Drugs Ltd.
In the probe, DGTR will determine the existence, degree and effect of any alleged dumping.
Ciprofloxacin Hydrochloride is used to treat different types of bacterial infections, including skin infections, bone and joint infections, respiratory or sinus infections, urinary tract infections, and certain types of diarrhoea.
The period of investigation is April 2018 to June 2019 (15 months). It would also look at the data of 2015-18.
Countries carry out anti-dumping probe to determine whether their domestic industries have been hurt because of a surge in cheap imports.
As a countermeasure, they impose duties under the multilateral regime of the World Trade Organization.