WTO to rule on India Sugar export subsidies

WTO to rule on India Sugar export subsidies

by admin- Friday, August 16th, 2019 08:00:58 PM

The World Trade Organization (WTO) set up panels on Thursday to rule on proceedings by means of Australia, Brazil and Guatemala towards India’s export subsidies for sugar and sugarcane manufacturers which they assert are illegal, a Geneva trade reputable said, Reuters pronounced.

Last month, India had blocked the primary-time request from Australia, Brazil and Guatemala for establishing the panel. But the 3 complainants made a second request for organising the dispute settlement panel that was duly accepted on 15 August.

Under the WTO rules, a 2d request is mechanically permitted.

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