BIZCHINA> Top Biz News
India lifts ban on Chinese toys
Updated: 2009-03-02 17:03

India on Monday lifted the one-month ban on Chinese toys, after the country's toy dealers became angry over the ban and said they were threatened with going out of business.

Related readings:
India lifts ban on Chinese toys Indian toy dealers run out of stocks due to govt ban on Chinese toys
India lifts ban on Chinese toys China may ask for WTO probe into India's toy ban
India lifts ban on Chinese toys Guangdong toy exports decline
India lifts ban on Chinese toys China toy exports slowdown amid shrinking world demand

Indian Minister of Industry and Commerce Kamal Nath signed the order lifting the ban, said officials of the Ministry, adding that the lift came into effect as of mid-day Monday.

Indian government said in a statement earlier that China could resume toy exports to India on condition that the products are tagged with world consumer safety certificates like that of the International Standardization Organization.

India imposed the ban in January on excuses of public safety and health. China rejected the ban, calling it act of protectionism.

Indian toy dealers have complained that they risk going out of business after toy prices soared by as much as 100 percent following the ban. Many say they are running out of stocks.

(For more biz stories, please visit Industries)