U.S. and others initiate consultations over India’s rice subsidies and stockholding under WTO
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미국
인도
게시됨 2022년 7월 6일
Tridge 요약
GENEVA, SWITZERLAND – Last week, the United States and other World Trade Organization (WTO) Members announced during WTO meetings here that they are taking an unprecedented path of action by initiating consultations with India on their trade-distorting rice subsidies.
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“India makes up nearly half of global rice trade and much of its exported rice benefits from the government-established floor price, and then exported at low prices, distorting trade," said Bobby Hanks, rice miller and chair of USA Rice. "USA Rice applauds the Office of the U.S. Trade Representative (USTR) and their colleagues at the USDA for starting this process of technical engagement with India regarding its rice support and egregious WTO violations. This announcement is just one of many actions the U.S. government can take to engage India at the WTO regarding its rice subsidies and we are hopeful they will continue to take more actions in this direction.” In March 2020, India notified its support to the WTO for rice subsidies for 2019, and again in March 2021 for 2020, and then again in 2022. According to its notifications, India’s market price support for rice totaled approximately $5 billion in 2019, $6.32 billion in 2020, and jumping to $6.9 billion in 2021. Based on ...