- News>
- Economy
India wins case against European Commission at WTO
New Delhi, Dec 02: In a dispute pertaining topreferential treatment to some countries, a WTO disputesettlement panel has ruled in India`s favour against theEuropean Commission.
New Delhi, Dec 02: In a dispute pertaining to
preferential treatment to some countries, a WTO dispute
settlement panel has ruled in India`s favour against the
European Commission.
The panel, set up at India`s request in January 2003, has
upheld its contention that the European Commission (EC) has
violated WTO obligations in granting tariff preferences to 12 countries under `drug arrangements` window of its Generalised
System of Preferences (GSP) without extending it to other
developing nations.
It also ruled that the EC had failed to demonstrate that the drug arrangements were justified under the enabling clause, which otherwise allows the developed countries to grant tariff preferences to some developing countries without allowing the same advantage to others.
India would seek adoption of panel report at the earliest in accordance with the provisions of WTO dispute settlement understanding, an official statement said here today. This WTO ruling is likely to provide some relief to the Indian exporters to EC, particularly in apparel sector, which otherwise faces disadvantage by duty concessions to Pakistan under `drug arrangements`. Bureau Report
It also ruled that the EC had failed to demonstrate that the drug arrangements were justified under the enabling clause, which otherwise allows the developed countries to grant tariff preferences to some developing countries without allowing the same advantage to others.
India would seek adoption of panel report at the earliest in accordance with the provisions of WTO dispute settlement understanding, an official statement said here today. This WTO ruling is likely to provide some relief to the Indian exporters to EC, particularly in apparel sector, which otherwise faces disadvantage by duty concessions to Pakistan under `drug arrangements`. Bureau Report