WTO news and archive

Rising manufacturing costs hurts apparel exports

Increasing production costs coupled with low overseas demand are two factors hurting the Indian apparel exports. And neighbouring countries like Bangladesh, Indonesia, Vietnam, Turkey and Mexico are benefiting at the cost of India. The comparatively cheaper rates in these countries are luring overseas importers. Statistics released by the...

Apparel

US accuses India of fresh export subsidies to textile industry

The US has gone to World Trade Organisation (WTO) accusing India of wrongfully giving fresh export subsidies to its textile industry instead of allotting them as mandated by the WTO. It has also complained to the multilateral body about the country ignoring its requests for bilateral discussions on the issue. Turkey, too, has expressed its...

Apparel

India protests against Turkish yarn duty

According to the WTO website, the Indian government has lodged a trade complaint with the World Trade Organisation (WTO) against extension of Turkey’s safeguard measure on imports of cotton yarn from India. Turkey had earlier imposed the safeguard duty in 2008 for a period of three years, but extended it provisionally in July 2011, with the...