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Wednesday, November 28, 2007
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Commodity Commentary
Nov 26 2007 10:33AM
WTO seeks info on India's sugar export sops
Leading global sugar producers have joined hands and approached the WTO, asking the multilateral body to seek details from India on subsidy to exporters at a time when the country is set to double the sweetener exports.

WTO has asked India to furnish full details of the subsidy announced recently for its sugar exporters, after Australia and Thailand took the issue to WTO in Geneva.

The subsidy issue was discussed at the meeting of the WTO Agricultural Committee in Geneva on November 21 where New Delhi was asked to respond to Australia and Thailand.

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