QRs on Pulses import put India under pressure at WTO meeting at Geneva
Commodity Online | December 14 2018
UPDATED 15:24:41 IST

Sugar millers urge govt to increase MSP to Rs 34/ kg

Govt may hike agri credit target to Rs 12 lakh crore

Indonesia's Palm Oil exports seen down 3% in December: survey

Basmati Rice prices rise on export demand, low carryover stock

Centre to utilise Pulses buffer stock under various welfare scheme

India is facing increased stress at the World Trade Organization (WTO) Committee on Agriculture (CoA) that took place in Geneva last month for continuing with its quantitative restrictions (QRs) on import of certain Pulses to check falling prices in the domestic market.

At the meeting of the WTO, Australia, in its submission noted that India’s QR of 100,000 tonnes of Peas (including Yellow Peas, Green Peas, Dun Peas and Kaspa Peas), initially imposed for a period of three months till June 30, had been extended twice, first till September 30 and subsequently till December 31.

The complain has been put up by the countries like Australia, Canada and the US which are questioning India for continuing with its quantitative restrictions (QRs) on import of certain Pulses.

Inspite of protest since years India is continuing to maintain the QRs and, to date, has not explained how such measures are consistent with its WTO commitments.



 

Commodity Arrivals Rate
Mustard Oil NR 9650.00
Coconut Oil NR 22000.00
Arecanut 90 2350.00
Sugar NR 3700.00

More

×