EU
Launches Complaint against India on IT Products,
Mobiles at WTO
·
Turkey too in the Net on Pharma
·
Consultation period of 60 days may be followed by
Panel
The European Commission said in a statement that
the total value of affected EU exports was more than 1 billion euros ($1.1
billion) per year
The European Union has launched two World Trade
Organization disputes against India over import duties on IT products and
against Turkey over measures affecting pharmaceutical producers.
The European Commission, which oversees trade
policy for the 28-member European Union, said in a statement on Tuesday that
the total value of affected EU exports was more than 1 billion euros ($1.1
billion) per year.
In the case against India, the EU is challenging
the introduction of import duties of between 7.5 and 20 percent for a wide
range of IT products, such as mobile phones and components, as well as
integrated circuits, the Commission said.
In the case against Turkey, the Commission said the
bloc is challenging measures that force foreign pharmaceutical producers to
move their production to Turkey.
The first step of WTO dispute settlement is a
60-day consultation period. The EU can request a WTO panel ruling on the cases
if the consultations do not resolve the issues.