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Tuesday, August 12, 2008

[ALOCHONA] Bangladesh to file anti-dumping complaint at WTO for first time

Dear Alochoks,

I was heartened to read that the Bangladesh Tariff Commission is getting ready to file complaint at the World Trade Organization against anti-dumping practices by trading countries. (http://thedailystar.net/story.php?nid=50193)

Dumping is the practice of selling a product at a price lower than the price normally charged in the home market. This practice is disastrous for local industries.

This is what the government should have been doing decades ago before our local market was flooded with foreign products. For the first time, under this CTG, our local industry is getting a chance to fight back against such illegal practices! Truly, if this government could stay for 5 years, our country's potential would be greatly unleashed.

We hope that the next government will continue such good practices.

- Raheem

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[Disclaimer: ALOCHONA Management is not liable for information contained in this message. The author takes full responsibility.]
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