INDIAN STEEL MANUFACTURERS PREDICT REDUCTION IN SUBSIDIES FOLLOWING WTO RULING
November 1st, 2019
Indian steel manufacturers think that the Indian government will trim its support for their exports following the release of an adverse World Trade Organisation verdict in a subsidy dispute brought by the United States.
“The [Indian] ministry of commerce was already looking at revamping trade and tax policies, which includes scrapping certain export incentive schemes that have been now been termed as subsidies” by the United States, Arnab Kumar Hazra, assistant secretary general of Indian Steel Association told Metal Bulletin, “It might expedite the ...
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