The Office of the U.S. Trade Representative (USTR) today released for publication in the Federal Register a notice regarding the establishment of a dispute settlement panel by the World Trade Organization (WTO) concerning India and certain export-related measures.
The USTR notice [PDF 193 KB] invites written comments concerning the issues raised in the dispute. Comments are due on or before 2 July 2018.
The United States alleges that India is providing prohibited export subsidies contrary to the WTO agreement.
In March 2018, the United States requested consultations concerning certain Indian export subsidies provided through: (1) the export-oriented units scheme and sector specific schemes, including electronics hardware technology parks scheme, (2) the merchandise exports from India scheme, (3) the export promotion capital goods scheme, (4) special economic zones, and (5) a duty-free imports for exporters program. Because the parties failed to resolve the dispute, the United States requested the establishment of a WTO panel (which was established in May 2018).
For more information, contact a professional with KPMG’s Trade & Customs practice:
Douglas Zuvich | +1 (312) 665-1022 | email@example.com
Andrew Siciliano | +1 (631) 425-6057 | firstname.lastname@example.org
© 2018 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.