WTO upholds US’s claims, rules against India’s export subsidies2 min read . Updated: 01 Nov 2019, 12:59 AM IST
- Dispute settlement panel rules that India’s export promotion schemes violated several provisions of the WTO’s subsidies and countervailing measures agreement
- The ruling will severely affect export-subsidy schemes being administered by the Indian government
GENEVA : India lost a major trade dispute with the US at the World Trade Organization on Thursday when a dispute settlement panel upheld US complaints that New Delhi’s export subsidy programmes violated core provisions of the WTO’s rules.
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