close

India, European Union may hammer out an 'agreeable' solution on ICT levy

The matter was also discussed at the sidelines of the Trade and Technology Council meeting in Brussels last month

Shreya Nandi New Delhi
World Trade Organisation, WTO
Premium

World Trade Organisation (Photo: Reuters)

Listen to This Article

India and the European Union (EU) are looking at a mutually agreeable solution concerning their dispute at the World Trade Organization (WTO) over tariffs on information communications technology (ICT) products imposed by New Delhi, said people in the know.
Meetings between Indian and European officials are set to take place as early as Friday.
The WTO’s dispute settlement body in April had ruled that India violated its zero-tariff commitment under the Information Technology Agreement enforced by the multilateral trade body after three similar but separate disputes were raised by the EU, Japan, and Chinese Taipei.
Or

Also Read

Centre to come up with a single trade body to promote exports: Report

FIH Men's Hockey World Cup 2023: Obstacles India will face on its home turf

Hockey World Cup 2023: Teams, schedule, venues and everything one must know

India, Bangladesh discuss trade settlement in rupee, free trade agreement

India vs Wales Hockey World Cup 2023: Advantage India for a last 8 berth

Wheat procurement breaches 26 MMT mark; surpasses last year's by 7.4 MMT

India sees 4% spike in high-net-worth individuals amid sharp global drop

UP govt plans to develop Lucknow-State Capital Region on lines of Delhi-NCR

Centre to approve several chip fabrication plant proposals soon: MoS IT

India's economy likely to grow 6.5-6.7% in FY24: CII president R Dinesh

First Published: Jun 01 2023 | 6:26 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers. Already a BS Premium subscriber?LOGIN NOW

Register to read more on Business-Standard.com