News
13/11/2024
U.S. Wheat Associates (USW) and the National Association of Wheat Growers (NAWG) today praised the Office of the United States Trade Representative (USTR) for submitting a counter-notification to the World Trade Organization (WTO) on India’s domestic support, input subsidies, and market support prices for wheat and rice.
12/11/2024
Five WTO members - Argentina, Australia, Canada, Ukraine and the US - have alleged that India provides excessive market support to wheat and rice which distorts global trade. In a communication of the World Trade Organization (WTO), these countries claimed that India's apparent MPS (market price support) for rice appears to have been over 87 per cent of the value of production (VoP) in each of the two covered years (2021-23) for which India has notified data to the multi-lateral body.
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