Tag: Wto

"The world is facing a new problem now; the food stock of the world is getting empty, I was talking to the US President, and he also raised this issue. I suggested that if WTO gives permission, India is ready to supply food stock to the world from tomorrow," he said.

The projection, based on a global economic simulation model, was made by the World Trade Organization (WTO) Secretariat in a note issued on Monday, Xinhua news agency reported.

Representatives from various governments around the globe catalogued a long list of ways in which they said China bends or breaks the rules, the report said.

Geneva: World Trade Organization (WTO) Director-General Roberto Azevedo has outlined economic and systemic threats posed by growing tensions in global trade and called on “everyone who believes in trade as a force for good” to speak up in its defence. “Members are well aware of the growing crisis in global trade. Tensions are growing. New […]

New York: External Affairs Minister Sushma Swaraj has pressed for an “early comprehensive” reform of the UN, including the Security Council. Swaraj was addressing a trilateral meeting of India, Brazil and South Africa. She met with the foreign ministers of the three countries. “We must also press for early comprehensive reform of the United Nations, […]

Geneva: Global merchandise trade is expected to grow at a higher 3.6 per cent in 2017, compared with 1.6 per cent increase last year, on the back of resurgent Asian trade flows, according to revised estimates published by the World Trade Organisation (WTO) on Thursday. The WTO had earlier projected the world trade to grow […]

The WTO has ruled against the US imposing high duty on imports of certain Indian steel products, an order hailed by India as a "significant victory" that will help domestic manufacturers and exporters

By Amit Dasgupta The last quarter of 2001 saw two dramatic events that had a transformational impact on the global community: First, the terrorist attacks on the US in September, followed by the launch of the Doha Development Round through the WTO’s 4th Ministerial Conference in Qatar in November. A couple of months prior to […]

New Delhi: The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved a sugar export subsidy for the 2019-20 (October-September) sugar season which would cost the government exchequer Rs 6,268 crore. Speaking to reporters here after the cabinet meeting, Union Minister for Environment and Climate Change, Prakash Javadekar, said that the CCEA has approved an […]

New Delhi: India has lost a case filed by the US at the WTO against domestic export incentives as the dispute settlement panel on Thursday concluded that these schemes are inconsistent with the international trade norms. With this ruling, India will have to re-work these incentive schemes to comply with the WTO ruling. However, it […]

New Delhi: India initiated proposal seeking a temporary waiver of global intellectual property rights rules in view of the pandemic has got wider support with 57 WTO members joining the initiative as co-sponsors. The proposal seeks exemption from a clause in the Trips agreement that poses challenges for countries with limited manufacturing capacity to access […]

Geneva: The World Trade Organization (WTO) said on Wednesday that global trade is primed for a strong but uneven recovery after the Covid-19 pandemic shock, forecasting an increase in the volume of world merchandise trade of 8 per cent this year. The global trade body said prospects for a quick recovery in world trade have […]