Current Affairs - International - Discussion

Discussion :: International - Latest Current Affairs (Q.No.1266)

1266. 

The European Union has launched two World Trade Organization (WTO) disputes against which two countries?

[A]. Poland, Spain
[B]. Italy, France
[C]. India, Turkey
[D]. Austria, Denmark

Answer: Option C

Explanation:

The European Union has launched two World Trade Organization (WTO) disputes against India over import duties on IT products and against Turkey over measures affecting pharmaceutical producers. In the case against India, the EU is challenging the introduction of import duties of between 7.5 and 20 percent for a wide range of IT products, such as mobile phones and components, as well as integrated circuits. In the case against Turkey, the EU is challenging measures that force foreign pharmaceutical producers to move their production to Turkey.

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