NEW
DELHI: The government's pre-election bonanza for the sugar industry has
been questioned at the World Trade Organization (WTO), making it the
second farm subsidy to face global scrutiny in recent months.
Australia, Colombia, Brazil and the European Union, along with others have raised several questions including the compatibility of latest set of sops with WTO rules, while some urging India to remove immediately what they described as export subsidies that will potentially impact world trade. The issue was raised at a meeting of WTO's agriculture committee on March 21, said a source familiar with the developments.
Paraguay, Thailand, El Salvador, Canada, the US, Pakistan and New Zealand were the other countries that protested India's export subsidy for sugar meant to clear a glut.
Australia, Colombia, Brazil and the European Union, along with others have raised several questions including the compatibility of latest set of sops with WTO rules, while some urging India to remove immediately what they described as export subsidies that will potentially impact world trade. The issue was raised at a meeting of WTO's agriculture committee on March 21, said a source familiar with the developments.
Paraguay, Thailand, El Salvador, Canada, the US, Pakistan and New Zealand were the other countries that protested India's export subsidy for sugar meant to clear a glut.
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