New Delhi: China has filed a complaint against India at the World Trade Organization (WTO) over subsidies on electric vehicles (EVs) and batteries.
Commerce Secretary Rajesh Agarwal said that the ministry will examine the details of the complaint filed by China in detail.
Confirming this, an official said that China has also filed similar complaints against Turkey, Canada and the European Union (EU). They want to consult with India, he said.
According to WTO rules, seeking consultation is the first step in the dispute settlement process. If the issue is not resolved amicably through consultations with India, the European Union can request the World Trade Organization to set up a panel to rule on the matter. China is India's second largest trading partner.
In the last financial year, India. Exports worth $ 14.5 billion grew by 14.25 percent. In 2023-24, it will increase by 14.5 percent. 16.66. However, imports increased by 11.52% to $113.45 billion in 2023-24. India's trade deficit with China during 2024-25 was $99.2 billion.