Search the Internet          Tips  Sites: Finance, Investment

India wins 5 cases in WTO: Maran

India has won five of the 13 disputes raised by it against various countries, including the US, in the dispute settlement body of WTO, the Lok Sabha was informed on Friday.

Commerce and Industry Minister Murasoli Maran said in a written reply that of the five cases won, three were against the US and one each against Turkey and the European Commission.

While two cases one each against Poland and EC have been settled, the procedure was still continuing in four cases, he said.

Among the 13 disputes raised against India by various countries, New Delhi has lost three cases -- two against the US and one against EC.

While five disputes raised by various countries were amicably settled, hearing in an equal number was still continuing.

The three disputes in which the findings of the panels/appellate bodies went against India are two separate complaints by the US and EC against the country's patent policy and a complaint by the US against quantitative restrictions on imports maintained by India for balance of payment reasons.

ALSO READ:
India and the WTO: News and issues