India, US mutually resolve 2 trade disputes: WTO

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Key Points

The World Trade Organization (WTO) on Tuesday said that two separate dispute settlement panels have stated that India and the US have mutually resolved disputes with regard to certain measures on steel and aluminium products, and additional duties on certain products from the US...

The circulation of the two panel reports is a formality given that the two sides reached mutually acceptable solutions to the disputes in July..

The two disputes are related to the US Section 232 additional duties of 25% on imports of steel and 10% on aluminium products from India and certain other WTO members, and the US complaints against measures adopted by certain WTO members, including India, in response to the Section 232 measures...

The six disputes include countervailing measures on certain hot-rolled carbon steel flat products from India, certain measures relating to solar cells and modules, measures relating to the renewable energy sector, Indias export-related measures, certain measures on steel and aluminium products, and additional duties on some products from the US...

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