IMMEDIATE NOTIFICATION TO THE COUNCIL FOR TRADE IN GOODS
OF THE RESULTS OF THE CONSULTATIONS UNDER ARTICLE 12.3

COMMUNICATION FROM INDIA

Certain Steel Products

The following communication, dated and received on 14 June 2024, is being circulated at the request of the delegation of India.

_______________

Pursuant to Article 12.5 of the WTO Agreement on Safeguards (AoS), India is notifying the results of the consultations conducted with the European Union under Article 12.3, AoS, pursuant to their notification of extension of their steel safeguards measure contained in _G/SG/N/10/EU/1/Suppl.18 - _G/SG/N/11/EU/1/Suppl.12 dated 29 May 2024.

The European Union and India conducted consultations on 7 June 2024 with a view to discuss the information provided in the above-mentioned document dated 29 May 2024. The European Union and India discussed and exchanged views on the measure.

India requested the European Union to put forth its proposals for maintaining substantially equivalent level of concessions and other obligations and adequate trade compensation to mitigate the adverse effects of the proposed measure. India and the European Union were not able to reach an agreement.

India consequently reserves its rights under the WTO Agreement, including the right to suspend substantially equivalent concessions or other obligations under Article 8.2, AoS.

__________