WTO rules against India in solar dispute with US

27-Aug-2015 #India-US,#Economy & Trade Source: Reuters
According to an Indian daily, the World Trade Organization (WTO) has ruled against India in a dispute with the United States over its solar power programme. It is believed that the WTO dispute settlement panel found that India violated global trade rules by imposing local content requirements for solar cells and solar modules, and also struck down incentive policies such as subsidies provided for domestic solar companies to manufacture cells and solar modules.
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