India drops solar anti-dumping plan before Modi meets Obama


  • World
  • Wednesday, 10 Sep 2014

Prime Minister Narendra Modi gestures as he gives a speech in front of students at the University of the Sacred Heart in Tokyo September 2, 2014. REUTERS/Yuya Shino

NEW DELHI (Reuters) - India has dropped plans to impose an anti-dumping duty on solar panel imports, a move that is likely to help mend frayed commercial ties with the United States before Prime Minister Narendra Modi meets President Barack Obama this month.

Days before Modi took office in May, a quasi-judicial body ordered the imposition of the duty on panels imported from the United States, China, Taiwan and Malaysia to protect domestic solar manufacturers.

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