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WTO accepts India's request to delay import duty dispute ruling till Oct

Business Standard LogoBusiness Standard7h ago

WTO accepts India's request to delay import duty dispute ruling till Oct - Business Standard

Quick Summary:

The WTO's dispute settlement body has accepted a request from India and Chinese Taipei not to adopt the ruling against New Delhi's import duties on certain information and technology products till October-end, as both sides are engaged in resolving the matter mutually, an official said.

At the July 26 meeting, India and Chinese Taipei once again requested additional time from the DSB to consider the adoption of the panel rulings in the case initiated by Chinese Taipei regarding India's tariffs on certain high-tech goods.

"The DSB agreed to the latest requests from Chinese Taipei and India," the Geneva-based official said.


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Category: BusinessFinance

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-28 @ 14:35:36 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 558 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21804169

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 143 posts per day

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News Last Updated: 2 hours ago

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