WTO's dispute settlement body has accepted a request from India and Chinese Taipei not to adopt the ruling against New Delhi's import duties on certain information and technology products till October-end, as both sides are engaged in resolving the matter mutually, an official said. The issue came up during a meeting of the dispute settlement body (DSB) in Geneva on July 26.
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«The DSB agreed to the latest requests from Chinese Taipei and India,» the Geneva-based official said.
At the July 26 meeting, India and Chinese Taipei once again requested additional time from the DSB to consider the adoption of the panel rulings in the case initiated by Chinese Taipei regarding India's tariffs on certain high-tech goods.
The two sides had asked that the DSB further delay consideration of the panel reports until October 28, 2024, to help facilitate the resolution of the disputes.
The dispute body had earlier agreed to four previous such requests from India and Chinese Taipei to delay consideration of the reports.
As per the rules of the World Trade Organization (WTO), the panel's ruling will have to be adopted by the DSB for implementation within 60 days of the release of the order. However, countries can mutually request the body to delay the adoption of the ruling.
In its report, a dispute panel of the WTO on April 17, 2023, said import duties imposed by India on