India defends sugar policy, rejects WTO findings

December 15, 2021

At the WTO in 2019, Australia, Brazil, and Guatemala alleged that domestic support provided by India to sugarcane producers is in excess of the limit allowed by the WTO…reports Asian Lite News

 Terming them “completely unacceptable”, India on Tuesday said, there would be no impact of World Trade Organisation (WTO) Panel’s findings on any of the country’s existing and ongoing policy measures in the sugar sector.

“India has initiated all measures necessary to protect its interest and (decided to) file an appeal at the WTO against the report, to protect the interests of its farmers,” a statement from the Ministry of Commerce and Industry said.

At the WTO in 2019, Australia, Brazil, and Guatemala had challenged some of India’s policy measures in the sugar sector. “They had wrongly claimed that domestic support provided by India to sugarcane producers is in excess of the limit allowed by the WTO and that India provides prohibited export subsidies to sugar mills,” the release said.

“The Panel issued its report on December 14, in which it has made certain erroneous findings about our schemes to support sugarcane producers and exports,” it said.

Stating that the findings of the Panel are “completely unacceptable to India”, the statement said: “The Panel’s findings are unreasoned and not supported by the WTO rules. The Panel has also evaded key issues which it was obliged to determine. Similarly, the Panel’s findings on alleged export subsidies undermines logic and rationale.”

India believes that its measures are consistent with its obligations under the WTO agreements, the statement added.

ALSO READ: SpiceJet, DHC ink settlement deal

Previous Story

2021 record year for global IPO market: EY

Next Story

Bulgarian customs seizes 58.766 kg of heroin at the border with Turkey

Latest from India News

Uber Targets India Dominance

On the subject of travel, Khosrowshahi observed that booking processes remain outdated and ripe for disruption. “I don’t think that the travel

India’s Pace Crisis

With the Duleep Trophy kicking off the Indian domestic cricket season on Thursday, the search for India’s next set of reliable red-ball

Spin King Calls Time

Ashwin ends his IPL career as the league’s fifth-highest wicket-taker with 187 scalps in 221 games coming at an economy rate of

Don't Miss