-The Hindu The WTO Panel reports are a pointer to the U.S. — the once undisputed trade hegemon — turning away from free trade and moving toward growing protectionism In a significant development in international trade law, four separate World Trade Organization (WTO) Panel reports have ruled that the tariffs of 25% and 10% on steel and aluminium, respectively, that the United States (U.S.) had imposed during the presidency of Donald Trump...
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Big push for GM crops -Devinder Sharma
-The Tribune US spearheading move to force developing countries to open up to imports The US filed a fresh complaint against India at the World Trade Organisation (WTO) last week. In its submission, the US sought withdrawal of India’s import restrictions on genetically modified (GM) foods, including rice and apples. It said the demand for a non-GM certificate was disrupting American agricultural exports. This comes at a time when for no apparent...
More »India’s ‘wheat waiver’ WTO demand is risk-fraught -Prabhash Ranjan
-The Hindu Such a stand will dilute its core agenda of pushing for a permanent solution to public stockholding for food security One of the cardinal demands of India in the World Trade Organization (WTO) — and rightly so — has been to find a permanent solution to the issue of public stockholding (PSH) of food to protect India’s food security (PSH policy). India’s PSH policy is based on procuring food from...
More »Why the American Argument Against India's Food Subsidies Is Deceptive at Best -Biswajit Dhar
-TheWire.in India is being targeted using a deeply flawed methodology that the WTO has prescribed for estimating subsidies arising from market price support. On July 1, a dozen US Congressmen wrote a letter to President Joe Biden, asking him to hold India to account for its decades-long violation of commitments made to the World Trade Organisation (WTO). Their contention was that India had been providing minimum support prices to its farmers in violation...
More »As midterms approach, Republicans step up rhetoric on India’s trade practices -Prashant Jha
-Hindustan Times India has consistently maintained that this position is based on both an erroneous reading of the nature and intent of India’s price support mechanisms and underplays the scale of America’s support to farmers. Washington: As elections for the House of Representatives loom, a group of Republican Congressional representatives from America’s agricultural belt or with agricultural interests have stepped up the rhetoric against India’s agricultural subsidies — alleging that these distort...
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