India hits back in WTO over allegations that it supports domestic farmers more than permitted

Published 2024년 12월 4일

Tridge summary

India has been accused by the US and other WTO members of providing its rice and wheat farmers excessive support, exceeding the permitted 10% of the value of production for developing countries. The US-led group also criticized India's rice export bans and its failure to inform the WTO about them. India, however, rejected these claims, arguing that the calculations made by the US-led group were baseless and that it was in compliance with its WTO obligations. The dispute arises due to differing calculation methods and the inclusion of state bonuses in India's support notification, which is not accounted for in the WTO Agreement on Agriculture.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

New Delhi: India has hit back at some member countries of the World Trade Organization (WTO), led by the US, that have accused it of providing its rice and wheat farmers a much higher level of support than is permissible under WTO rules. During a WTO meeting last week, India categorically rejected the calculations made by the member countries. The meeting of the WTO Committee on Agriculture, which took place over 26-27 November also saw several member countries questioning India’s rice exports bans, subsequent partial lifting of the bans, and India’s failure to inform WTO about either, despite the rules mandating that it must. “It appears that India provides market price support for rice and wheat vastly in excess of what it has reported to the WTO,” the counter-notification said. Adding, “India’s apparent MPS (market price support) for rice appears to have been over 87 percent of VoP (value of production) in each of the two covered years for which India has notified data. Its ...

Source: Theprint