A dispute settlement panel of World Trade Organization (WTO) in its report issued to members on 31 October 2019 has ruled that India’s export-related schemes (including SEZ scheme) are in the nature of prohibited subsidies under the Agreement on Subsidies and Countervailing Measures and are inconsistent with WTO norms. India is under no obligation to […]
By Laurie Goering LONDON: When Hurricane Maria flattened the Caribbean island of Dominica in 2017, the fierce storm left the country in the dark. “Everything was out. There was no electricity. The whole electrical grid was down,” recalled Williams Fitzroy, an engineer and inspector for the Ministry of Public Works. The blackout caused huge problems, […]
Japan has dragged India to the World Trade Organisation (WTO) over the import duties imposed on certain electronic goods, according to the global trade body. Japan has accused India of “continuously and systematically” raise import duties on these goods after announcement of ‘Make in India’ campaign in September 2014, according to a communication released by […]