TNPSC Thervupettagam

India vs America: Solar Panel Case in WTO

August 17 , 2019 1799 days 937 0
  • A ruling given by the World Trade Organization's (WTO) dispute settlement panel on renewable energy or the solar sector in favour of India has been challenged by the US.
  • In June 2019, WTO panel ruled that subsidies given by America to its companies in the renewable energy sector are violative of global trade norms and against interests of India.
  • Those relaxations were also found to be inconsistent with certain provisions of the General Agreement on Tariffs and Trade (GATT).
  • GATT aims to promote trade by reducing or eliminating trade barriers such as customs duties.
  • The US has challenged this ruling in the WTO's Appellate Body of WTO.

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