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US, India Decision To End Trade Disputes A Big Victory, Mutually Beneficial: Goyal

On February 6, 2013, the US requested consultations with India concerning certain measures of India relating to domestic content requirements under the Jawaharlal Nehru National Solar Mission for solar cells and solar modules. America claimed that the measures appear to be inconsistent with global trade provisions.

Government considering continuation of export promotion scheme in new trade policy

Government considering continuation of export promotion scheme in new trade policy January 26, 2021 × The scheme is seen as more acceptable for WTO members than MEIS, which has been replaced The Centre is considering the option of continuing the Export Promotion Capital Goods (EPCG) scheme, which allows exporters to import certain capital goods used in manufacturing without paying duties, for some more time, despite a World Trade Organisation (WTO) panel ruling that the scheme is not consistent with multilateral rules. In ongoing consultations for the new Foreign Trade Policy (FTP), the Directorate-General of Foreign Trade (DGFT) has received a number of representations from export bodies for continuation of the EPCG scheme, an official close to the development told

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