The United States of America has raised questions at India’s Remission of Duties and Taxes on Exported Products (RoDTEP) scheme at the World Trade Organization.
- The US inquired about the scheme’s guidelines and eligibility of agricultural products in its ambit.
- The Government of India implemented the RoDTEP from January 1, 2021 as a replacement of the Merchandise Exports from India Scheme (MEIS) after losing a dispute to the US in 2019. The US had claimed that MEIS was non-complaint with the global trade norms.
- At the meeting the US and Australia also raised questions at India’s tariffs on cotton, and support to sugar and biofuels. The US argued that India’s minimum support price for cotton has increased by 40 per cent and government purchases of cotton have reached record levels.
(Economic Times)
