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of <h1>Rule 4: Initiating Investigations on Import Impact Under India-Korea Economic Partnership Agreement</h1> The India-Korea Comprehensive Economic Partnership Agreement (Bilateral Safeguard Measures) Rules, 2017, under Rule 4, outlines the process for initiating an investigation by the Director General upon receiving a written application from domestic producers. The investigation aims to determine if increased imports of originating goods, due to reduced customs duties under the Trade Agreement, cause serious injury or threat thereof to the domestic industry. The application must include evidence of increased imports, injury to the domestic industry, and a causal link between them. The Director General can also initiate investigations suo moto if sufficient evidence is provided by customs authorities or other sources.
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