Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Feb 11, 2014

India to respond to US trade action at WTO: Trade Minister

India said on Tuesday it will respond to any U.S. trade action, a day after Washington said it would take India to the World Trade Organisation (WTO) in order to gain a bigger foothold for U.S. manufacturers in its fast-growing solar products market.

"India will respond at the WTO adequately," Trade Minister Anand Sharma told reporters. "We may also have some issues with them with regard to solar. We may also have an application or may move the WTO."

The Obama administration said on Monday it was filing its second case at the WTO over the domestic content requirements in India's massive solar program, which aims to ease chronic energy shortages in Asia's third-largest economy.

Copyright: Thomson Reuters 2014

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search