‘Sugar export subsidies: Govt appeals against WTO panel ruling’
03 January 2022, New Delhi: India has appealed against a ruling of the World Trade Organization’s (WTO)
trade dispute settlement panel which ruled that the country’s domestic support measures for sugar and sugarcane are inconsistent with global trade norms, an official said.
The appeal was filed by India in the WTO’s Appellate Body, which is the final authority on such trade disputes. India has stated that the WTO’s dispute panel ruling has made certain “erroneous” findings about domestic schemes to support sugarcane producers and exports and the findings of the panel are completely“ unacceptable” to it. The panel in its ruling on December 14, 2021 recommended India to withdraw its alleged prohibited subsidies under the Production Assistance, the Buffer Stock, and the Marketing and Transportation Schemes within 120 days from the adoption of this report.
Also Read: Shajapur Agri Input dealers complete training in pesticide management