National News

No impact of WTO Panel’s findings on Sugar on any of India’s existing and ongoing policy measures in sugar sector.

No impact of WTO Panel’s findings on Sugar on any of India’s existing and ongoing policy measures in sugar sector.

India initiates all measures necessary to protect our interest and file an appeal at the WTO against the report, to protect the interests of its farmers.

India believes that its measures are consistent with its obligations under the WTO agreements

The findings of the WTO panel completely unacceptable to India.

Posted On: 14 DEC 2021 8:50PM by PIB Delhi

There would be NO  impact  of WTO Panel’s findings on Sugar on any of India’s existing and ongoing policy measures in sugar sector.

India has initiated  all measures necessary to protect it’s interest and file  an appeal at the WTO against the report, to protect the interests of its farmers.

It may be noted that in 2019, Australia, Brazil and Guatemala had challenged some of India’s policy measures in the sugar sector, at the WTO. They had wrongly claimed that domestic support provided by India to sugarcane producers is in excess of the limit allowed by the WTO and that India provides prohibited export subsidies to sugar mills.

The Panel issued its report on 14 December 2021 in which it has made certain erroneous findings about our schemes to support sugarcane producers and exports.

The findings of the Panel are completely unacceptable to India. The Panel’s findings are unreasoned and not supported by the WTO rules. The Panel has also evaded key issues which it was obliged to determine. Similarly, the Panel’s findings on alleged export subsidies undermines logic and rationale.

India believes that its measures are consistent with its obligations under the WTO agreements

***

Also See:

newsonline

Recent Posts

NoBroker Hosts ‘Property Carnival’ in Chennai for Homebuyers

NoBroker, India's first proptech unicorn, is bringing an exciting opportunity for homebuyers with the launch…

15 hours ago

Manthan School Ranked Among India’s Top 20 Schools in EWISR 2024-25

In a remarkable achievement, Manthan School has been ranked 3rd in Telangana and Hyderabad, and…

18 hours ago

Solidus Techno Power Pvt. Ltd. Appoints Mr. Jaspal Singh as Chief Technology Officer

Solidus Techno Power Pvt. Ltd., a leader in solar EPC solutions, is pleased to announce…

19 hours ago

Salesforce Brings The First Edition of Agentforce World Tour To Delhi

Salesforce, the worlds #1 CRM, powered by AI technology and capabilities, today hosted India's first…

2 days ago

Metropolis Healthcare unveils Key Findings from Molecular Genomics Study in honour of Lung Cancer Awareness Month

Lung cancer remains one of the most prevalent and deadly cancers globally, with approximately 2.2…

2 days ago

Sachidanand Upadhyay: A Visionary Leader Dedicated to Building Better Tomorrow

At Lord's Mark Industries Limited, led by Sachidanand Upadhyay, we are committed to fostering positive…

2 days ago