Latest News | EU, Taipei to Resolve ICT Duty Dispute with India Mutually: ComMin
Get latest articles and stories on Latest News at LatestLY. The European Union and Chinese Taipei have requested the World Trade Organisation's (WTO) dispute settlement body not to adopt the panel's ruling against India with regard to an ICT duty dispute to enable the countries to resolve the issue mutually, Minister of State for Commerce and Industry Anupriya Patel informed the Lok Sabha on Wednesday.
New Delhi, July 26 (PTI) The European Union and Chinese Taipei have requested the World Trade Organisation's (WTO) dispute settlement body not to adopt the panel's ruling against India with regard to an ICT duty dispute to enable the countries to resolve the issue mutually, Minister of State for Commerce and Industry Anupriya Patel informed the Lok Sabha on Wednesday.
On April 2, 2019, the EU challenged the introduction of import duties by India at WTO on a wide range of ICT products like mobile phones and components, base stations, integrated circuits and optical instruments. The EU had claimed that the measures appear to be inconsistent with certain provisions of WTO. Later, Chinese Taipei and Japan joined the dispute.
Since Japan has filed its motion for the adoption of the panel's report at Dispute Settlement Body (DSB) meeting at WTO, India, in response, filed its notice of appeal.
"But the European Union and Chinese Taipei have made a request to the Dispute Settlement Body at WTO to defer the adoption of the Panel report until September 19, 2023.
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"This deferral is intended to create an opportunity for all parties to work towards a Mutually Agreed Solution (MAS). Hence, India has not filed its motion of appeal against the European Union and Chinese Taipei," the Minister said.
Patel further said that dispute at the WTO will not have any impact on the Production-Linked Incentive (PLI) scheme and the Phased Manufacturing Programme (PMP) of the government.
The PLI and PMP, she added, were aimed at making domestic manufacturing globally competitive and creating global champions in manufacturing.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)