WTO DSB adopts Appellate Body report favouring India
Sachin Manawaria | The Dollar Business Hot Rolled Carbon Steel Flat Products are usually used in the manufacture of durable products such as automobiles, heavy machinery, pipes, and construction products. The World Trade Organisations’ Dispute Settlement Body (DSB) has adopted the Appellate Body (AB) report in the case “US – Countervailing measures on certain hot-rolled steel flat products from India”, effectively forcing USA to accept the ruling which largely favoured India in the dispute over imposition of countervailing duty (CVD) on India’s export of Hot Rolled Carbon Steel Flat Products to USA. India has welcomed the move saying that this dispute is a significant milestone for India. It said that a number of countervailing duty measures imposed by USA ...
