India seeks WTO consultations with Indonesia on cotton yarn safeguards

Paris: India on Monday sought consultations with Indonesia under the World Trade Organization (WTO) rules on the extension of its safeguard measures on cotton yarn. These consultations, however, do not fall under the WTO’s dispute settlement system.

India has 11.85% share in Indonesia’s cotton yarn imports.

Last month, Indonesia cited certain unforeseen developments such as an increase in Indian cotton yarn exports worldwide, which in turn led to an unexpected surge in Indian cotton yarn exports to Indonesia.

As a country having a substantial trade interest in the export of the textile product, India “hereby requests consultations” with Indonesia pursuant to a provision of the WTO’s Agreement on Safeguards with view to reviewing the information and exchanging views on the extension of the measure.

“India would like to propose that consultations mentioned above take place virtually from 10 June to 13 June 2025 or on a mutually convenient date and time,” it added.