US Charges India Has Exceeded WTO Commitments On Cotton Subsidies

India provided its producers with more subsidies for cotton production than allowed under their WTO commitments, according to a U.S. filing with the world trade body, with the U.S. contending India's payouts were "vastly in excess" of their limits.The U.S. said that the market price support (MPS) for cotton by India was limited to 10% of the value of production, but the U.S. said India paid out a range of 53% to 81% of value since 2010.India notified the WTO of market price support of 1.2 billion rupees ($18 million) for the 2015/16 marketing year, but the U.S. said their calculation is that the support was 504 billion rupees, with another 557 billion rupees in 2016/17; India has not yet notified the WTO of its spending for 2016/17."The United States looks forward to future discussion of the significance of India’s MPS for cotton for both India’s market and for world markets – both with India and with other Members," it said.