Signalling its unwillingness to be flexible on its decision to impose penal import duties on aluminium and steel from countries such as India, Russia and China, the US has rejected New Delhi’s request to be an interested party in the dispute filed by Russia against Washington’s move at the World Trade Organisation (WTO). US said in a reply to India “Issues of national security are political matters not susceptible to review or capable of resolution by WTO dispute settlement.”
While the US has the authority to reject a member’s request to join consultations that another country has requested to hold with it on a matter of dispute, it will not have a say if the issue takes the form of a full-fledged dispute and a dispute settlement panel is established.
Source : BUSINESS LINE
Yaang Pipe Industry Co., Limited (www.yaang.com)