Ukraine and four other countries appealed to the WTO regarding the program to support wheat production in India

Published 2024년 11월 14일

Tridge summary

The United States, Argentina, Australia, Canada, and Ukraine have submitted a counter notification to the World Trade Organization (WTO) regarding India's domestic support program and commodity subsidies for wheat and rice. They argue that India's subsidies exceed the WTO-allowed limit of 10% of the total value of crop production. The countries claim that India's wheat support schemes encourage overproduction and discourage the cultivation of other crops. This is the third counter notification the US has filed against India's rice and wheat subsidies, with the first two filings in 2018 and 2023, respectively.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The United States, Argentina, Australia, Canada and Ukraine submitted a counter notification to the World Trade Organization (WTO). It concerns India's domestic support program, commodity subsidies and market support for wheat and rice prices, World Grain writes. In accordance with its commitments to the WTO, India can provide subsidies in the amount of no more than 10% of the total value of crop production. In the 2021/22 and 2022/23 MRs at issue in the counter-notification, the US and other countries demonstrate through India's own data that its level of support is well above this limit. India's wheat support schemes encourage overproduction and discourage farmers from growing other crops, countries have said. “The Indian government continues to breach its commitments and its refusal to compromise on support levels and government stocks is blocking any progress in WTO agricultural negotiations. It is important to continue to highlight this issue with the hope that it will ...
Source: Elevatorist

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