INDIA BLOCKS WTO EFFORTS

Remember the ongoing fight between the EU and India concerning the latter's high import tariffs? India has rejected the EU's demands for the WTO to set up a special panel to rule on the dispute on the grounds that the initiative is premature. The EU, however, is expected to renew its request at the next meeting of the WTO's Dispute Settlement Body on April 24, when India will not be able to block it again, according to afxnews.com.