India will retaliate against a EU law that allows it to suspend concessions and impose trade restrictions if the law is invoked in response to an Indian appeal against a ruling on ICT tariffs at the dispute settlement panel of the World Trade Organization (WTO), a government official said.
The WTO’s dysfunctional dispute settlement panel has found tariffs imposed by India on mobile phones and electronic components in violation of the General Agreement on Tariffs and Trade. These findings came after EU dragged India to the WTO panel in 2019 on the ICT issue.
The panel has been unable to fill vacancies on the WTO Appellate Body, which has hobbled its ability to resolve trade disputes, giving way to rising tensions between WTO members.
هذه القصة مأخوذة من طبعة May 04, 2023 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة May 04, 2023 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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