India plans to form a group for steel talks with OECD

India plans to form a group for steel talks with OECD

Recent news in the market reports that India is planning to set up a group, including countries such as Brazil, China and Egypt for negotiations on steel subsidy ban agreement with Organization of Economic Cooperation and Development (OECD). As for the Indian government, the establishment of the group will not be easy however it is stated that the government will try to set up the group before the draft agreement, which is expected to be in place by September 2004.