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India and US to Resolve Dispute over Steel Import Duty Amicably-2020 China(Guangzhou)Int’l Metal & Metallurgy&
nbsp;Exhibition-metal exhibition
3/2/2020 金属展-冶金展-钢铁展-steel expo-metal &metallurgy expo- |
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India and the US have agreed to resolve amicably a dispute over American import duties on certain Indian steel products, wherein Washington is yet to fully comply with the WTO rulings. According to a communication of the WTO, both the countries continue to engage in good faith discussions to seek a positive solution to this dispute. It said that on December 18, 2019, the US notified the Dispute Settlement Body of its decision to appeal the report by the compliance panel.
India has dragged the US in WTO in 2012, alleging that Washington’s move to impose high duties on imports of certain Indian steel products is global trade rules. Then in June 2017, India again moved the WTO alleging that America has not fully complied with those rulings. India had stated that a reasonable period of time for the US to comply with the WTO’s ruling had expired on April 18, 2016. The WTO dispute resolution body had ruled against the US in this case stating that the high duty imposed by America on certain hot-rolled carbon steel flat products from India was inconsistent with various provisions of the WTO’s Agreement on Subsidies and Countervailing Measures.
金属展-冶金展-2020广州巨浪国际金属暨冶金工业展览会-亚洲最大金属冶金展-巨浪展览-2020 China(Guangzhou)Int’l Metal & Metallurgy Exhibition-metal exhibition
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