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Context: Recently, a World Trade Organisation (WTO) panel has ruled against India’s sugar export subsidy and domestic support to sugarcane growers in a dispute filed by Australia, Brazil and Guatemala.
Background of this dispute
Note: India is the world’s largest sugar producer after Brazil exporting a record 7.1 million tonnes of sugar in 2020-2021
What are the findings of the WTO dispute panel?
Article 9.1(a) applies to 'direct subsidies', including 'direct subsidies' granted in the form of payments-in-kind.
What is India’s response to the ruling?
What will be the impact of the WTO panel’s findings on sugar sector?
By: Shubham Tiwari ProfileResourcesReport error
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