A free trade agreement with Sri Lanka came into effect during 1999 that will remove all tariffs for most commodities between India and Sri Lanka by 2007. South Africa imposed anti-dumping duties against India during the year. India is involved in an anti-dumping case regarding polyester yarn brought by Turkey against China, India, Korea and Thailand. India has identified sixteen countries with eight major kinds of non-tariff barriers that are violative of the General Agreement on Trade in Services. The Indian Financial Year is April to March.
Years relate to Indian financial years.
The assistance of Markku Hintala of the School of Business Administration, Universityof Tampere and of Clay Lee, my student at the Helsinki School of Economics and Business Administration are gratefully acknowledged.