Friday, April 26, 2024

Logo Central America Link

Guatemala accuses India on sugar

Tuesday, March 26, 2019


After Brazil and Australia, Guatemala dragged India into the World Trade Organization's dispute settlement mechanism alleging that New Delhi's sugar subsidies to farmers are inconsistent with global trade rules.

Guatemala has sought consultations with India under the rules and procedures governing the settlement of disputes of the Geneva-based 164-member WTO.

They have filed dispute under certain articles of WTO's Agreement on Agriculture, Agreement on Subsidies and Countervailing Measures and the General Agreement on Tariffs and Trade 1994 with respect to "domestic support measures maintained by India in favor of producers of sugarcane and sugar, and export subsidies for sugarcane and sugar," the Economic Times reports.