us wins wto trade spat over india solar power rules
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

US wins WTO trade spat over India solar power rules

Arab Today, arab today

Arab Today, arab today US wins WTO trade spat over India solar power rules

Indian farmer Udesinhbhai Waghjibhai Chavda c
Geneva - AFP

A World Trade Organization panel ruled Wednesday in favour of a US claim that India's rules restricting what products can be used in its solar industry breach international trade regulations.

WTO's dispute settlement board ruled that India's requirement that only Indian-made products be used in large parts of its rapidly expanding solar power industry were "inconsistent" with a range of global trade regulations.

Washington hailed the decision.

"This is an important outcome, not just as it applies to this case, but for the message it sends to other countries considering discriminatory 'localisation' policies," US Trade Representative Michael Froman said in a statement.

The United States had complained to the WTO in 2013 that India's rules discriminated against US makers of solar cells and modules.

According to the statement, the country has seen its solar exports to India plunge 90 percent since New Delhi in 2011 imposed the so-called domestic content requirements on solar power developers selling electricity to the government.

After consultations between the two countries failed, the issue was sent before the global trade body's dispute settlement board in May 2014.

The panel had been expected to rule on the issue within six months, but its decision has repeatedly been pushed back as the two sides continued to negotiate.

India, whose solar industry has grown rapidly in the past few years as the government looks to ease reliance on imported fossil fuels and coal, has previously defended its policies.

But in its ruling, the WTO panel rejected India's arguments that the policy was needed to avoid disruption in imports and to ensure compliance with the country's requirements to promote sustainable development.

WTO, which polices global trade accords in an effort to offer its 162 member economies a level playing field, called on India to bring its solar industry rules into line with international standards.

The parties now have 60 days to appeal the WTO ruling if they wish to do so.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us wins wto trade spat over india solar power rules us wins wto trade spat over india solar power rules

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us wins wto trade spat over india solar power rules us wins wto trade spat over india solar power rules

 



GMT 19:07 2017 Wednesday ,13 September

Kuwaiti oil barrel down 82 cents to US$50.56

GMT 03:02 2017 Saturday ,11 November

Drahi retakes the reins at Altice as share price tumbles

GMT 19:46 2016 Friday ,07 October

Football: Saudis deny Australia with late equalizer

GMT 22:01 2017 Thursday ,20 April

52 ships transit Suez Canal

GMT 04:28 2016 Monday ,14 November

Fujairah seeks partnerships with all investors

GMT 15:32 2017 Saturday ,25 February

Steinmeier elected German president

GMT 09:25 2017 Sunday ,24 December

HRH Premier Prince Khalifa bin Salman leaves Thailand

GMT 13:39 2017 Sunday ,17 December

Britain must obey EU environment rules
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday