WTO to rule on India Sugar export subsidies
Commodity Online | August 16 2019
UPDATED 10:33:58 IST

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The World Trade Organization (WTO) set up panels on Thursday to rule on complaints by Australia, Brazil and Guatemala against India's export subsidies for sugar and sugarcane producers which they assert are illegal, a Geneva trade official said, Reuters reported.

Last month, India had blocked the first-time request from Australia, Brazil and Guatemala for establishing the panel. But the three complainants made a second request for establishing the dispute settlement panel that was duly approved on 15 August.

Under the WTO rules, a second request is automatically approved.

 

Commodity Arrivals Rate
Mustard Oil 3.73 9500.00
Coconut Oil 1.5 17800.00
Arecanut 30 22500.00
Sugar NR 3800.00

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