Japan asks India to rescind plan to appeal ICT ruling at WTO

Japan has asked India to withdraw its appeal to the World Trade Organization's (WTO) ruling against New Delhi's tariff on technology goods. The WTO had found in favour of Japan, Taiwan and the European Union in April, stating that India had breached global trading rules. At a DSB meeting on Tuesday, the US supported Japan’s appeal, claiming that India's tariffs negatively affect foreign businesses and limit access to technology for Indian firms and consumers. The EU and Canada urged India to resolve this dispute via the MPIA alternative.

from News-Economic Times https://ift.tt/G3L5etl