India takes European Union in WTO
- India has substantial interest as exporter of the products concerned. Hence, India requests consultations with the WTO under the Agreement on Safeguards with a view to review information and exchange views on the measures, the WTO said.
- According to an expert, seeking consultations with the safeguard committee is a way to inform the other country that they are not fulfilling their commitments under the global trade rules.
- WTO is a Geneva-based, 164-member global body which frames rules and norms for exports and imports.
- India is concerned about the European Union's move as it exports nearly 6 per cent of its steel output to Italy. Italy is a member of the EU.
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