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USTR TAKES INDIA OFF DEVELOPING COUNTRY LIST

  • The Office of the United States Trade Representative (USTR) has published a notice, amending lists of developing and least-developed countries that are eligible for preferential treatment with respect to CVD investigations. 
  • The U.S. government has changed an administrative rule making it easier for it to impose countervailing duties (CVDs) on goods from India and certain other countries 
  • India was, until February 10, on the developing country list and therefore eligible for these more relaxed standards. It has now been taken off of that list. 
  • The new lists consist of 36 developing countries and 44 least developed countries
India was in the developing 
country USTR Legacy IAS Academy Best IAS Academy in Bangalore



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