1 min read.Updated: 27 Feb 2019, 09:20 PM ISTReuters
Brazil argues that Indian subsidies have caused significant impacts on the world sugar market
India is poised to overtake Brazil's position as the world's largest producer of the commodity
The Brazilian government on Wednesday asked the World Trade Organization to start a consultation regarding India's sugar industry subsidies, which the South American country says is distorting global trade.
Australia also formalized a similar consultation request challenging the Indian government's subsidies, according to a joint statement from Brazil's foreign relations and agriculture ministries.