EU THREATENS WTO ACTION OVER INDIA DRINKS DUTIES

BY KEITH NUTHALL THE EUROPEAN Commission is preparing for a probable World Trade Organisation (WTO) case against India, where it would ask a disputes settlement panel to rule its spirits and wine import duties break Indian WTO commitments. Brussels officials said they want a liberalisation promise from New Delhi by Friday (17-11) and would otherwise lodge a request for formal talks with India - the first stage of a disputes proceeding. If these do not resolve the matter, then Brussels is likely to push for WTO arbitration. Indian drinks tariffs are notoriously ...


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