Moneycontrol
HomeNewsBusinessIndia takes Indonesia to WTO's safeguard committee on cotton yarn measure; seeks consultations

India takes Indonesia to WTO's safeguard committee on cotton yarn measure; seeks consultations

The Committee on Safeguards has circulated to WTO Members a notification dated May 24, 2025, by Indonesia concerning the finding of serious injury or threat to the domestic industries producing cotton yarn and a notification of proposed safeguard measures against the importation of the product.

June 02, 2025 / 22:48 IST
Story continues below Advertisement
World Trade Organisation (WTO)

India on Monday sought consultations with Indonesia under the WTO rules on the extension of safeguard measures by the Southeast Asian country on cotton yarn, according to a WTO communication.

 

Story continues below Advertisement

The Committee on Safeguards has circulated to WTO Members a notification dated May 24, 2025, by Indonesia concerning the finding of serious injury or threat to the domestic industries producing cotton yarn and a notification of proposed safeguard measures against the importation of the product.

As a country having a substantial trade interest in the export of textile products, India "hereby requests consultations" with Indonesia pursuant to a provision of the WTO's Agreement on Safeguards with a view to reviewing the information and exchanging views on the extension of the measure.