U.S., India in WTO dispute over policies NEW DELHI — The World Trade Organization accuses the U.S. of ignoring an informal agreement after officials filed a complaint against India's automotive policies. The U.S. disputes a 1997 Indian law that requires foreign vehicle manufacturers operating in the country to establish a US$50 million equity investment through a joint venture, as well as use 50% local parts. A WTO understanding, which says developing countries may implement a series of ...
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