Reply: Kindly refer to India's reply to previous question.
Kingdom of Saudi Arabia 6:
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 208 218 describe various price controls applicable in India ranging from petrochemical goods to pharmaceuticals.
Question: Does India consider price controls to constitute countervailable subsidies or create a "particular market situation" under the SCM Agreement?
Reply: Please see the response to question 4 and 5 above. We do not find reference to "particular market situation" similar to Anti dumping Agreement in the ASCM.
