In­dia-US so­lar tiff re­solved?

Down to Earth - - ON THE WEB -

Sources say the In­dia-US squab­ble over do­mes­tic con­tent re­quire­ment ( DCR) in In­dia's so­lar mis­sion could end soon.

DCR man­dates that so­lar cells used in In­dian power plants should be made lo­cally. The US filed two com­plaints against In­dia, al­leg­ing that DCR dis­crim­i­nates against Amer­i­can ex­ports. In 2015, the World Trade Or­ga­ni­za­tion ( WTO) ruled against In­dia. In­dia then filed an ap­peal. WTO's de­ci­sion on that has now been de­layed, given that a set­tle­ment is likely.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.