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New Delhi has expressed its willingness to reduce duties from 150% to 40% on wines above $4 per litre if the European Union gives more access to Indian services industry and labour-intensive goods, a government official said. "We are ready to open...
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A decade ago many believed that India's own wine production could grow to rival imports and satisfy the increasing demand for wine, yet the domestic industry has struggled to achieve this. Indian vineyards have fought to shake off their reputation...
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According to officials, the GI applications from EU member-countries are mostly in the category of beverages such as beer and wine brands , processed meat and milk products, and various bakery items, including biscuits and pastries. Italy, France and...
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India's free trade agreement (FTA) with the European Union is held up over the issue of lowering import duty on automobiles and wines and spirits with New Delhi insisting that it is unable to reduce tariffs for both products that have a strong domestic...
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France has said that the dispute with India over import duty on wines and spirits would be sorted out through discussions without approaching the WTO. The European Union (EU) had recently threatened to drag India to the WTO if taxes on wines and spirits...
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The European Union has warned that it will drag India to the World Trade Organisation if New Delhi does not slash taxes on wines and spirits imported from Europe. The European Commission had earlier taken India to WTO in 2007 seeking redressal of its...
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The European Union will hold a meeting with the Indian Government in September seeking redress of "discriminative" duties of up to 800 per cent on imported wines and spirits imposed by some states. "In September, EU trade Commissioner will...
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