India’s Ban of Chinese Toys- Wto Report

8553 Words May 27th, 2011 35 Pages
SIIB, Pune | WTO Report | INDIA’S BAN OF CHINESE TOYS | | | 10/5/2010 |

Namit Sharma [09020241021]
Akshat Jain [09020241070]
Divya Bhatia [09020241071]
Ashish Sasanapuri [09020241095]

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Contents

* Introduction * Indian Toy Industry * Why the Ban * Impact of Ban * Quality Standards * Health Impacts * Regulations * Tests and Results * WTO Issue * Ease on Ban * Conformity Assessment and TBT * Conclusion

Introduction
Ban on Chinese Toys

New Delhi launched 17 investigations into imports from China, 10 of which were anti-dumping probes, and had banned the importation of Chinese-made toys for six months alleging their high content of toxic chemicals is a danger to
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More than 4000 toy manufacturers had to close down their units and lay off workers. Part of this was also attributable to the financial crisis of 2008.It is also estimated that more than 100,000 people were affected, directly or indirectly, due to this ban.
Nearly half of China 's toy factories closed last year.The country started the year with 8,610 factories producing and exporting 70 per cent of all the world 's toys. By the end of 2008, only 4,388 remained — a decline of 49 per cent, figures from the customs office showed.Among the biggest closures was that of Smart Union, a Hong Kong-listed maker of toys for companies such as Mattel and Disney in the United States. It closed last October with the loss of 7,000 jobs.
Alternative Sources of Import in case of Ban: THAILAND
Toy manufacturing in Thailand has developed from a low-quality, low price industry producing goods for primarily the domestic market, to one that turns out quality products and plays an important role in the country 's export sector. The toy industry in Thailand has been dominated by foreign investments, which poured into the country during the 1980 's. Asian toy-makers quickly set up production facilities, benefiting from low labor costs in Thailand and GSP privileges available for Thai based toy exporters to the leading markets in the U.S. and Europe. Over 450 factories are currently

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