Question : ICT stands for —
(a)Infrared CommunicationsTechnology
(b) Information and Communications Technology
(c)Internet CommunicationsTechnology
(d)none of the above
Answer : (b)
Related facts
- WTO has recently(June, 2020) agreed to a second request from the EU to establish an dispute panel on India’s import duties on ICT products, including mobile phones.
- ICT stands for —Information and Communications Technology.
- The EU complained that India had taken the commitment (as part of the IT Agreement signed in December 1996) not to apply import duties on ICT products but that for several years India has adopted measures to reinforce and regularly increase import duties on those products, up to 20 per cent.
- India said the complaints seriously undermine its sovereignty as it goes beyond its commitments under the first ITA agreement (ITA-I).
The dispute is crucial for India as losing it will directly benefit China, from where India imported telecom equipment parts worth $3.4 billion and mobile phones worth $665.21 million in the April-February period of 2019-20.
By — Pankaj Pandey