'Wheat subsidies...': Why 12 U.S. lawmakers want Biden to call out India at WTO

12 Congressmen from the United States have complained to President Joe Biden about India's alleged “dangerous trade-distorting practices”. 12 U.S. lawmakers in a letter to Biden, urged him to file a formal request for consultations with India at the World Trade Organization (WTO). The Congressmen stated that current WTO rules allowed the governments to subsidise up to 10% of the value of commodity production. "However, the Indian government continues to subsidise more than half of the value of production for several commodities, including rice and wheat," they said. Watch this video for more details.

Story Saved
Live Score
Saved Articles
My Reads
My Offers
Sign out
New Delhi 0C
Sunday, October 01, 2023
Start 14 Days Free Trial Subscribe Now
Register Free and get Exciting Deals