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India takes EU to WTO's safeguard committee over duty on steel products

Press Trust of India  |  New Delhi 

has sought consultations with the (EU) under the aegis of against a move of the 28-nation bloc to impose duties on products.

The country has sought these consultations under WTO's Agreement on Safeguards.

Against the US move to impose high customs duties on certain and aluminium products, the EU in July last year proposed imposition of definitive duties to protect their industry against a surge of imports.

"has substantial interest as exporter of the products concerned. Hence, requests consultations with the WTO" under the Agreement on Safeguards with a view to review information and exchange views on the measures, the said.

According to an expert, seeking consultations with the committee is a way to inform the other country that they are not fulfilling their commitments under the global trade rules.

is a Geneva-based, 164-member global body which frames rules and norms for exports and imports.

India is concerned about the European Union's move as it exports nearly 6 per cent of its output to is a member of the EU.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, January 11 2019. 12:40 IST
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