Monday, June 5, 2023

India, EU ask WTO dispute settlement body not to adopt ruling on ICT import duties till September 19

India and the European Union (EU) have requested the WTO's dispute settlement body (DSB) not to adopt its April 17 ruling against India's import duties on certain information and technology products. A communication to the WTO calls for a special meeting of the DSB on June 15, with the two sides asking for the panel's ruling to be postponed until September 19 as talks continue between the two regions in a bid to resolve the matter. The ruling was made following a case brought by the EU, Japan and Taiwan, and found that India was in violation of WTO trading norms by imposing the import duties.

from Economy-News-Economic Times https://ift.tt/jJoBP4M
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