INDIA WTO
March 1st, 2002
Keith NuthallTHE INDIAN government has abandoned its appeal against last December's World Trade Organisation ruling that it had broken global commerce rules by insisting that auto-manufacturers within its territory not only promise to buy some components locally, but that they export products of an equal value of imported inputs.New Delhi lodged an appeal the following month, saying that it considered "these conclusions of the panel to be in error and based upon erroneous findings on issues of law and related legal interpretations."However, following ...
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