Explained | Why is India challenging WTO verdict on sugar?
The HinduThe story so far : India this week filed an appeal with the Appellate Body of the World Trade Organization disputing a verdict by the WTO’s dispute settlement panel last month on sugar subsidies. The WTO’s dispute settlement panel had ruled that India, by subsidising sugar producers, was breaking rules framed under the General Agreement on Tariffs and Trade which govern international trade. In 2019, Australia, Brazil, and Guatemala complained against India at the WTO arguing that subsidies offered by the Indian government to sugar producers were against the rules governing international trade. Such retaliatory measures may benefit producers in these countries but affect consumers who have enjoyed lower sugar prices due to subsidies offered by India.