U.S., Australia: India is subsidizing sugarcane beyond WTO limits

India has been subsidizing sugarcane production “vastly” beyond World Trade Organization limits in recent years, the U.S. and Australia argued this week, saying they “seek further clarification” from New Delhi about its support for sugarcane. In a May 6 paper , the U.S. and Australia noted that India is the world’s second-largest producer of sugarcane and third-largest exporter, meaning, they argued, that what happens in the country’s sugar market has “significant implications” for global trade. According to the paper, India...