India Loses WTO Dispute over Sugar Subsidies
On 14th December, 2021, a World Trade Organisation (WTO) panel ruled against India’s sugar export subsidy and domestic support to sugarcane growers in a dispute filed by Australia, Brazil and Guatemala. India has said that it will appeal against the verdict.
The Dispute
- The dispute dates back to 2019 when Brazil, Australia and Guatemala filed parallel WTO complaints that alleged the Indian government massively increased its sugar subsidies and reintroduced a minimum price for sugar, which led to increased production of sugar that outstripped domestic demand.
- They had also flagged India's alleged export subsidies, subsidies under the production assistance and ....
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