Monday, April 8, 2024

India uses peace clause fifth time, for rice subsidies given in 2022

India invoked the peace clause for exceeding the 10% support ceiling for rice farmers, breaching WTO subsidy ceilings with $52.8B rice production and $6.39B subsidies, surpassing the 10% de minimis limit.

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