WTO charges India with violating trade rules | World Business Watch | English News | WION

A World Trade Organization panel said on Monday that India had violated global trading rules in a dispute with the European Union, Japan and Taiwan over import duties on IT products.

#WTO #India #WION

About Channel:

WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.

Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults.

Connect with us on our social media handles:

Follow us on Google News for the latest updates

[DipayanDas]

It's funny that WTO suddenly became active after the news of India-Russia free trade deal.

[rajaka]

India must protect its local industries.

[sarthakc]

This is great news. Yes we want more such violations.

[bonnieanderson]

The consequences, WTO would allow other countries to slap retaliatory tariffs on imports from India. Not good for Make in India

[Sevn]

Looks like China is pissed off by the huge import duties on its goods😁. Now China is lobbying at WTO. Even Canada is pissed off at the fact that we are not importing pulses from them at higher price anymore.😂

[Yan-Yuan]

India missed the train again 😂 WTO was created by highly industrialised countries EU, USA, China, Japan, SK etc. in order to prevent others from challenging their industrial might. Using fair trade practices, it prevents developing countries like India from using import tariffs to protect its local industries 😂

[RajSingh-ydue]

India voilated trade rules by signing FTA with Russia.

[lesliecheung]

Not surprising...Made in India prices are not competitive.

[ooppww]

Why do they care if we want to increase import tax
Our do that promote locally manufacturing and reducing trade deficit with other countries

[makeshift]

It's okay let India break the rules they need all the help they can get ✌

[malyadri]

India wants to indian economy improve why don't you pay taxes WTO wants we don't pay taxes but we business with india this is correct, , π? india is now thinking about our people.

[Yan-Yuan]

WTO could slap India with higher tariffs, which other countries are bound to abide as per WTO agreement 😂

[bablu]

Another thing that india does is, it's very selective in allowing domestic market access while being very aggressive in demanding market access to markets in the west specifically the united states. Things like these are bound to create friction sooner or later.

[publicvoice]

I am sure this guy is from Kenya or Ghana

[kickass]

That's one way of dealing with trade deficit but India needs to do more 😑😑😑

[sobhanbeuria]

What can the wto even do the appellate body still dosent have enough judges so appeal all you want we dont care what the developed countries want we want our manufacturing to catch up

[bhigamerz]

WE AS COUNTRY DOESNOT WANT UR MARKET BUT U PEOPLE NEED OUR MARKET JUST KEEP IN MIND .JAYSHREE RAM, JAY HINDI

[bobbyeapen]

Ohhh chi-naah is upset for the same thing it did to

[Yan-Yuan]

Q: What can the WTO do to countries that break its trade rules

A: Apply trade sanctions, just like United Nation's sanction. Other members must abide by its decision

[anuragrai]

Goodluck imposing tariffs on India after signing FTAs. What are you gonna follow? your FTAs or WTO guidelines lmao