India plans to challenge EU carbon tax at WTO: Sources

India plans to challenge EU carbon tax at WTO: Sources

Indian plans to file a complaint to the World Trade Organisation over the European Union‘s proposal to impose 20% to 35% tariffs on imports of high-carbon goods like steel, iron ore and cement from India, top government and industry sources said. This is part of New Delhi’s strategy to combat the EU’s Carbon Border Adjustment … Read more

India plans to challenge EU carbon tax at WTO: Sources

India plans to challenge EU carbon tax at WTO: Sources

NEW DELHI: Indian plans to file a complaint to the World Trade Organisation over the European Union‘s proposal to impose 20% to 35% tariffs on imports of high-carbon goods like steel, iron ore and cement from India, top government and industry sources said. This is part of New Delhi’s strategy to combat the EU’s Carbon … Read more

India weighs options against EU law on retaliatory tariffs

India weighs options against EU law on retaliatory tariffs

New Delhi: India is exploring ways to counter the EU‘s domestic law that allows it to impose retaliatory tariffs in response to an appeal into the non-functioning dispute settlement mechanism of the World Trade Organization (WTO). Officials said the EU law violates global trade norms and can become another dispute at the organisation. While the … Read more

India clears air on chip, ship schemes

India clears air on chip, ship schemes

New Delhi: The US, Canada and the UK have posed questions, at the World Trade Organization (WTO), about India‘s Shipbuilding Financial Assistance Policy, Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors, and the North East Industrial and Investment Promotion Policy (NEIIPP). While the US has sought details on the types of financial assistance … Read more

WTO ruling on Indian duty, if upheld, could hit local production of mobiles

WTO ruling on Indian duty, if upheld, could hit local production of mobiles

World Trade Organization‘s ruling against India’s import duty imposition on mobile phones and telecommunications equipment has the potential to more than halve the local manufacturing by top Chinese players that are not part of the government’s production-linked incentive scheme, industry experts said. A WTO panel recently ruled that India had violated global trade rules after … Read more

WTO panel rules against India in IT tariffs dispute with EU, Japan and Taiwan

WTO panel rules against India in IT tariffs dispute with EU, Japan and Taiwan

India has violated global trading rules in a dispute with the European Union, Japan and Taiwan over import duties on IT products, a World Trade Organization panel said on Monday. “We recommend that India bring such measures into conformity with its obligations,” the WTO panel‘s report said. The WTO had set up dispute settlement panels … Read more

DPIIT working on quality control orders for several products: Official

DPIIT working on quality control orders for several products: Official

The department for promotion of industry and internal trade (DPIIT) is working on quality control orders for several products, such as lighters, with a view to promote domestic manufacturing of quality goods, a senior official said on Friday. These orders also help in containing import of sub-standard goods into the country. Joint Secretary in the … Read more

India begins anti-dumping probe into import of vitamin from China, EU

India begins anti-dumping probe into import of vitamin from China, EU

India has launched an anti-dumping probe into import of a certain kind of vitamin, used for animal consumption, from three countries on a complaint by a domestic player. The commerce ministry’s investigation arm Directorate General of Trade Remedies (DGTR) is investigating the alleged dumping of ‘Vitamin A Palmitate’ originating in or exported from China, European … Read more

India-EU FTA to have adverse impact on farmers, fishers, patients, traders: Civil society

India-EU FTA to have adverse impact on farmers, fishers, patients, traders: Civil society

The civil society, comprising farmers’ groups, trade unions, patient groups, traders, women’s rights organisations, academia and NGOs, on Friday opposed the proposed India-EU free trade agreement, the third round of whose negotiations concluded this week, citing adverse impact on farmers, fishers, patients, traders and New Delhi’s digital industrialisation strategy. Representatives of the the Forum for … Read more

India faces heat at WTO over rice export curbs

India faces heat at WTO over rice export curbs

India’s decision to ban exports of broken rice and impose export duties of up to 20% on other rice varieties has come under fire at the World Trade Organization (WTO). At a meeting on Thursday, the United States, the European Union and Senegal posed questions about the decision’s adverse effect on global markets. They said … Read more