On April 26, 2001 US forced dumping duty and countervailing duty (CVD) to be paid for importing Indian steel into the US. This was a move to protect the US steel industry which, at the moment, was unable to compete with more efficient steel producers elsewhere in the world.
Does the US ministry of commerce, who are also entitled to same WTO agreements, see nothing wrong in that event?
Kerela and other states in India are not the only places where coke and pepsi are banned.New York University (NYU), the largest private university in the US with over 50,000 students, was the 12th university in the US, and at least the 20th worldwide, to have taken strong action against coke.
Isnt banning of Coke and pepsi sends the clear message to global companies, you are welcome here as long as you maintained the same global standards. You cant treat us as if we are third graded country.
The out cry is made it will affect other compnies which are thinking to setup plant in India.India and China are the worlds largest market. Firms make more profit when they have bigger market, that is simple commerce.Even a child can say they Need us more than we need them.
