Report by the Secretariat (WT/TPR/S/249): III. Trade Policies and Practices by Measure (4) Measures Affecting Production and Trade (iv) Price Controls
Paragraphs 213 215 describe India's administered pricing mechanism (APM), which regulates the pricing for petroleum products and notes that prices under production sharing contracts must be approved by the GOI. Furthermore, the TPR notes that the retail price of diesel is still under control.
Question: Does India consider the sale of petroleum products under any of these price control measures to constitute a countervailable subsidy or particular market situation pursuant to the SCM Agreement?
