Current Affairs - Miscellaneous - Discussion

The World Trade Organisation's (WTO) panel is to examine the India-U.S. export case. WTO's dispute settlement body has set up a panel to examine the U.S.' complaint against certain export-subsidy measures by India as both the sides failed to resolve the issue at the consultation level. Earlier 2018, the U.S. dragged India to WTO over export subsidies, saying that these incentives were harming the American firms. The U.S. has requested for the establishment of a dispute panel to examine the allegations on India's export incentive measures. The U.S. also challenged India's export subsidy programmes such as Merchandise Exports from India Scheme in the WTO, asserting that these initiatives harm its companies by creating an uneven playing field.