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3.02.2009

Indian government publishes the notice and removes the Chinese toy and imports the prohibition

According to BBC, Monday (March 2) of Indian government Publish notice say, allow, obtain global safe organization China toy of authentication enter the Indian market.
The Indian government has announced on January 23 this year, in order to guarantee consumer's health and safety, determine to stop importing the Chinese toy for 6 months. Indian prohibition of government cause strong discontent of China, strengthen people lay the worry that trade protectionism resumes to global financial crisis situation to some extent too.
According to Indian media report, after the Indian government announces that limits the Chinese toy prohibition that is imported, the toy price of the Indian market rises by a wide margin.
The society of Indian toy industry says, the total value of market of Indian toy is about 500 million dollars, in order to import toys 75%, exceeds 80% from China's Mainland among them. Indian toy industry society say they require government raise Chinese import duty of toy also, but has not expected the government will announce the prohibition.
Indian secretary of treasury Mu KeJi made a speech at a labourer's meeting last month, India is worried about phenomenon that protectionism resumes to some extent, and will object to protectionism on the whole world forum clearly.

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