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The Trump administration in the US has challenged India’s export promotion schemes at the World Trade Organization (WTO). India has promised to fight back the charge that it was misusing export subsidies and is set to reply within the next 60 days according to WTO rules.
US Trade Representative (USTR) Robert Lighthizer’s office announced early Thursday that the US has requested dispute settlement consultations with India at the WTO over Merchandise Exports from India Scheme and Export Oriented Units Scheme among others. Similar action has been initiated over sectoral schemes including Electronics Hardware Technology Parks Scheme, special economic zones and
