November 6, 2018 / 3:16 PM / 10 months ago

WTO upholds Japan's complaint over India's safeguard on steel imports

TOKYO/GENEVA, Nov 6 (Reuters) - A World Trade Organization (WTO) dispute panel largely upheld Japan’s complaint against a safeguard duty imposed by India on steel imports for two-and-a-half years, a ruling published on Tuesday showed.

The ruling, which can be appealed by either side, said India had broken the WTO rules and urged India to take corrective action, even though the disputed duties ended in March this year. The corrective action is for potential duties retroactively to be put on imported steel. (Reporting by Yuka Obayashi and Tom Miles, editing by Stephanie Nebehay)

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