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Issue #583 | Forest Products

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Forest Products

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2014 Media Kit
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India says to respond to US trade action at WTO

By: | at 04:10 PM | Channel(s): International Trade  

India said it will respond to any U.S. trade action it, a day after Washington said it would take India to the World Trade Organization (WTO) in order to gain a bigger foothold for U.S. manufacturers in its fast-growing solar products market.

India will respond at the WTO adequately,” Trade Minister Anand Sharma told reporters. “We may also have some issues with them with regard to solar. We may also have an application or may move the WTO.”

The Obama administration said it was filing its second case at the WTO over the domestic content requirements in India’s massive solar program, which aims to ease chronic energy shortages in Asia’s third-largest economy. (Reuters)