Indian government vetoes Brazil's victory in WTO sugar trade dispute

게시됨 2022년 1월 26일

Tridge 요약

The Indian government has blocked the approval of a decision at the World Trade Organization (WTO) that recognized Brazil's victory in a dispute involving the sugar trade. The WTO arbitrators ruled that India needed to reform its agricultural policies due to the distortions caused by the large subsidies provided to its producers. However, the Indian government plans to appeal, despite the paralysis of the WTO's highest court for two years. This move has been criticized by Brazil, Australia, Guatemala, and other countries, with Canada, the European Union, and Russia indicating the urgent need for WTO reform.
면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

On Tuesday, the 25th, the government of India blocked the approval of a decision at the World Trade Organization (WTO) that recognized Brazil's victory in a dispute involving the sugar trade. The Itamaraty had appealed to the entity, claiming that the multimillion-dollar subsidies given by the Indians to their producers were distorting the global market. WTO arbitrators judged that Brazil was right and that, therefore, India needed to reform its agricultural policies. But the Indian government's decision was to appeal and ask the WTO's appellate body to reassess the case. Although this is a correct procedure in normal times, the Indian gesture left Brazilians and diplomats from other countries indignant due to the inexistence, at this moment, of the appellate body. The highest court of commerce ceased to function two years ago, after the US government began to veto the appointment of judges. The result was its paralysis and, at the moment, there is no prospect of resuming work, ...
출처: Canaonline

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