India, European Union eye mutually agreeable solution over ICT tariffs

Meetings between Indian, European Union officials set to take place today

India and the European Union (EU) are looking at a mutually agreeable solution concerning their dispute at the World Trade Organization (WTO) over tariffs on information communications technology (ICT) products imposed by New Delhi, said people in the know.

Meetings between Indian and European officials are set to take place as early as Friday.

The WTO’s dispute settlement body in April had ruled that India violated its zero-tariff commitment under the Information Technology Agreement enforced by the multilateral trade body after three similar but separate disputes were raised by the EU, Japan, and Chinese Taipei.

Thereafter, New Delhi said it