Guatemala Files Complaint over India’s Sugar Subsidies
- Guatemala has initiated a new dispute complaint against India’s sugar subsidies at the World Trade Organization (WTO) just days after Brazil and Australia lodged their separate complaints on the matter.
Why Repeated Complaints against India?
- These countries claim that the domestic support measures are inconsistent with India’s obligations under the WTO’s Agreement on Agriculture (AoA), while the alleged export subsidies are inconsistent with India’s obligations under the AoA and the Agreement on Subsidies and Countervailing Measures (SCM Agreement).
- According to them, an Indian sugar subsidy is distorting the global market.
India’s Response
- India will now have to hold separate consultations with ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Economy Watch
- 1 Minimum Alternate Tax (MAT)
- 2 Sovereign Gold Bond (SGB)
- 3 Indian Textile Sector
- 4 RBI Issues Draft Revised Guidelines for Lead Bank Scheme
- 5 Agriculture Infrastructure Fund (AIF)
- 6 Gold Exchange Traded Funds (ETFs)
- 7 Liberalised Remittance Scheme (LRS)
- 8 RBI Simplifies the Voluntary Retention Route
- 9 Miniratna Status for Yantra India Limited
- 10 Demwe Lower Hydel Project
