EU drags India to WTO over import duties on ICT products - News Summed Up

EU drags India to WTO over import duties on ICT products


The EU is challenging the introduction of import duties on a wide range of ICT products, for instance mobile phones and components, base stations, integrated circuits and optical instruments, it said in a statement. "Despite its (India) earlier legally binding commitment in the WTO not to charge any duties on these products, India has been applying duties ranging from 7.5 per cent to 20 per cent. These import duties are therefore in clear breach by India of WTO rules. "Today, the EU has brought two disputes in the World Trade Organisation (WTO) against India and Turkey, respectively targeting unlawful import duties on Information and Communication Technology (ICT) products and unlawful measures on pharmaceuticals," it added. Commissioner for Trade Cecilia Malmstrom said that India must abide by its own commitment to allow duty free trade in ICT products.


Source: Mint April 02, 2019 13:18 UTC



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