TNPSC Thervupettagam

India Vs US @ WTO

November 1 , 2019 1853 days 994 0
  • India has lost a case filed by the US at the WTO against domestic “export incentives”.
  • The dispute settlement panel of the WTO has concluded that these schemes were inconsistent with the international trade norms.
  • With this ruling, India will have to rework these incentive schemes to comply with the WTO ruling.
  • India will appeal against the case.

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