WTO to examine US solar trade spat with India

 Terra India : Gujarat solar park at Charanka village of Patan district

Washington on Friday took its battle to get India to open its solar market a step further, demanding that the World Trade Organisation (WTO) create a panel to review the dispute.

The United States told the World Trade Organisation’s dispute settlement board that consultations with India had gone nowhere, insisting the global body step in.

Washington maintains New Delhi’s requirement that only locally made products be used in its solar industry impedes competition.

India, which has some of the world’s most ambitious plans for expanding solar power, expressed disappointment at the move, saying that “the United States has chosen to litigate rather than negotiate.”

Friday marked the second time the United States has asked the WTO to set up a panel of experts to review the dispute.

India blocked the first request, but the WTO, which polices global trade accords in an effort to offer its 159 member economies a level playing field, is required to grant any panel request made a second time.

In its statement to the WTO, the United States said that it had repeatedly tried to resolve the problem, but to no avail.

“Not only did these consultations fail to resolve the dispute, but India actually chose to expand the scope of the domestic requirements following initial consultations in 2013,” it said.

It insisted that such requirements were “inconsistent with WTO obligations and do not promote solar power.”

India, whose solar industry has grown rapidly in the past few years as the government looks to ease reliance on imported fossil fuels and coal, has meanwhile defended its solar policies as compliant with WTO regulations and stressed that a number states in the US have similar rules.

On Friday, it insisted it had “participated in the consultations with an open mind and had shown willingness to explore all options for a mutually satisfactory solution.”

WTO panels are in general composed of three people tasked with investigating complaints and providing recommendations to resolve the dispute.

In principle the investigating panel has six months to deliver its findings, and can authorise retaliatory trade measures by the wronged party.

 

 

 

 

 

 

Source : Channel News Asia | May 24, 2014

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About thomasdinnocenzi

Thomas D'Innocenzi is a highly accomplished, results-focused senior international executive with extensive experience in global sourcing and market development worldwide to meet evolving business needs. Tom has proven ability in implementing and managing profitable global sourcing operations worldwide. Extensive experience in international market development operations to accommodate rapid growth. Skilled in building top-performing teams, benchmarking performance, and restricting organizations to improve efficiency, productivity, and profitability. Experienced transition leader and change agent. As principal of Nova Advisors, LLC I’ve assembled an exemplary team that brings with them the knowledge and experience gained from starting up a Global Sourcing program with multiple Fortune 500 companies as well as the largest supplier network throughout the Asia-Pacific region. We have experience and expertise in more than a thousand medical and pharmaceutical products in manufacturing and sourcing at the best value. The right product, the right price point and the right branding fueled these successes that resulted in double-digit growth for top line sales and bottom line net margins for our customers. What sets us apart: • Our reach includes a large network of suppliers & manufacturers spanning 13 countries in Asia-Pacific region • We understand the manufacturing process and the business of the supplier and the buyer • Our company culture is based on quality assurance and our process is based on local quality control Our commitment is to be your partner offering the best products and services at the lowest cost. Contact me to discuss how we can make the global marketplace work for you. thomas@novaadvisors.com In addition, I am open to discussing opportunities in global sourcing, international marketing & sales, logistics and medical/pharma in Thailand, Vietnam, Malaysia, Philippines & Japan. Aside from my work I enjoy piano, astronomy, physics, and assisting my daughters with their studies. SPECIALTIES: Global Sourcing, Supply Chain Management, Business Development, Marketing, Logistics, Global Networking, Market Development, Healthcare Solutions, Pharmaceuticals, Medical Devices, Technology, Asia, Southeast Asia, US and Canada
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