Export Subsidies in India Subject of USTR Inquiry
The Office of the U.S. Trade Representative is accepting comments through July 2 on the issues raised in a World Trade Organization dispute the U.S. is pursuing against export-related measures maintained by India. The U.S. recently requested the establishment of a WTO dispute settlement panel in this case.
The programs being challenged are the merchandise exports from India scheme; the export-oriented units scheme and sector-specific schemes, including the electronics hardware technology parks scheme; special economic zones; the export promotion capital goods scheme; and a duty-free imports for exporters program. USTR has said these programs provide more than $7 billion annually in total benefits, including exemptions from certain duties, taxes, and fees and reduced import duty liability, to thousands of Indian exporters, including producers of steel products, pharmaceuticals, chemicals, information technology products, textiles, and apparel.