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Brazil joins Australia in dragging India to WTO over sugar subsidies

In February, Brazil had requested that the WTO start consultations on the subject but the two sides failed to reach a resolution

Brazil joins Australia in dragging India to WTO over sugar subsidies
Reuters Brasilia
1 min read Last Updated : Jul 12 2019 | 10:07 AM IST

The Brazilian government said on Thursday it had asked the World Trade Organization to establish a panel aimed at resolving its dispute over Indian sugar subsidies, according to a joint statement by the foreign and agriculture ministries.

The WTO's Dispute Settlement Body is expected to take up Brazil's request at its meeting scheduled for July 22, the statement said. Australia and Guatemala also lodged complaints against India on Thursday, according to the ministries.

Brazil alleges that the Indian government has taken actions that distort global sugar markets. The South American country claims India doubled the minimum price for sugarcane since the 2010/2011 crop year with Indian sugar exports soaring in 2018/19 to 5 million tonnes from 2 million tonnes the prior year.

In February, Brazil had requested that the WTO start consultations on the subject but the two sides failed to reach a resolution, the statement said.

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Topics :BrazilWTO Indiasugar subsidy

First Published: Jul 12 2019 | 10:06 AM IST

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