Compliant Approach to Global Trade Distortions at G20 Meeting
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- ✓India’s Commerce and Industry Minister, Piyush Goyal, called for a WTO-compliant approach to address global trade distortions at the G20 Trade Ministers’ Meeting in Milwaukee.
- ✓Goyal said such issues should be addressed through WTO-consistent measures, including anti-dumping and countervailing duties, based on evidence and subject to judicial review by authorities.
Story at a Glance
- Category
- BUSINESS
- Reported By
- CNBC TV18
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
India urges WTO-compliant action on dumping, warns against protectionism under supply-chain shift
Stating that India shares the concerns of many G20 members that trade-distorting support in some economies can lead to dumping and predatory pricing, India’s Commerce and Industry Minister, Piyush Goyal said such issues should be addressed through WTO-consistent measures, including anti-dumping and countervailing duties, based on evidence and subject to judicial review.
By Abhimanyu Sharma
(Photo Credit : Reuters )
India’s Commerce and Industry Minister, Piyush Goyal, called for a WTO-compliant approach to address global trade distortions on the concluding day of the G20 Trade Ministers’ Meeting in Milwaukee, United States.
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CNBC TV18
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