Safeguard law to curb unfair imports planned

The Ministry of Commerce is preparing a law aimed at closing the widening trade deficit. The “Safeguard Law” will allow for countermeasures against unfair practices, such as instituting an anti-dumping taxes on those selling below cost to corner the market, and countervailing duties, which aim to neutralise foreign subsidies. Pyithu Hluttaw representative U Win Myint, […]