From sugar subsidies to PLI schemes, here's what New Delhi is defending at WTO
India is currently defending nine trade disputes at the World Trade Organization involving various nations, including Japan, China, and the EU. The government has spent over Rs 2.43 crore on legal representation to address challenges regarding steel imports and sugar subsidies.
Why it matters
These disputes highlight the ongoing tensions in international trade policy and the significant financial resources India must dedicate to defending its domestic economic measures on the global stage.
India is currently defending nine trade disputes at the World Trade Organization (WTO), with countries including Japan, China, the European Union (EU), Brazil and Australia challenging a range of its trade measures. The government has so far spent about Rs 2.43 crore on empanelled law firms to fight these cases, Parliament was informed on Tuesday.In a written reply to the Lok Sabha, minister of state for commerce and industry Jitin Prasada said that the department of commerce is being represented and assisted by the Centre for Trade and Investment Law (CTIL), the Centre for WTO Studies (CWS) and empanelled law firms in these disputes.He informed that around Rs 2.43 crore has been incurred towards the services of empanelled law firms in connection with the nine pending cases.
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