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FRANCE WARNS INDIA AGAINST "TRICKS" IN WINE DISPUTES.
NEW DELHI, April 2 Asia Pulse - France on Friday warned India the proposal to replace additional customs duty on wines and spirits with countervailing excise duty at the state level will weaken New Delhi's position in the dispute with European Union at the World Trade Organisation.
"Any trick to replace the national duties with state levies that would not result in overall duty reduction would complicate matters (at WTO)," French Trade Minister Christine Lagarde said.
The EU has dragged India before the dispute settlement panel of the WTO, alleging that high import duty on wines and spirits violates multilateral agreements.
The ...
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Source: HighBeam Research, FRANCE WARNS INDIA AGAINST "TRICKS" IN WINE DISPUTES.