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Trade policy review: WTO team set to visit India this week
Nov 18, 2014

Amid India and the US resolving their differences on food security programmes, a team from the WTO secretariat is scheduled to visit New Delhi this week to review its trade policies.

The World Trade Organization (WTO) conducts a Trade Policy Review (TPR) for member nations once every four year. The TPR is a mechanism which offers opportunity to other WTO members to ask questions and raise concerns on different aspects of policies and practices of the country under review.

“The team is visiting India between November 19-25. The report it will prepare will be discussed next year. The commerce ministry had proposed to hold preparatory inter-ministerial consultations for the meeting. The focus will be India’s food and trade subsidies,” an official told The Indian Express.

The official explained that policies including domestic content requirement in programmes like the Jawaharlal Nehru National Solar Mission which aims at deploying 20,000 MW of grid connected solar power by 2022; and the national electronic policy aimed at creating an indigenous manufacturing hub for electronics in the country, will be open for discussion during the meeting.

The condition of domestic content requirement has attracted criticism from countries like the US, which have termed it as protectionist. In the fifth TPR held in 2011, the WTO secretariat had circulated a compilation of India’s written replies to 886 advance questions raised by 26 WTO members.
 

    

http://indianexpress.com

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