Page 3 - World Trade Organisation

Commerce ministry issues norms for engaging consultants

The terms of reference for engagements shall include the functions to be performed and the outputs to be delivered

Top Headlines: Inflation impact on India Inc profit, new SEZ law, and more

The early-bird results for the April-June 2022 quarter hinted at a decline in earnings, even as corporate revenue continued to grow at a fast clip

Congressmen urge Biden to hold India liable for trade distorting practices

A group of US lawmakers have urged President Joe Biden to file a formal request for consultations with India at the World Trade Organisation (WTO) over its "dangerous trade-distorting practices"

MC12: Decisions not impactful, but WTO wins big

The current practice of not imposing Customs duties on electronic transmission will continue till the next ministerial conference (MC13) to be held towards the end of December 2023

Top headlines: India softens stance at WTO meet, what next after 5G & more

Global tech companies are again bracing for a battle with Indian telecom companies, and this time it is over delicensing of the valuable 6-GHz band (5925-7125 MHz).

Glimmers of hope as WTO's global trade talks stretch into final day

Ministers from 100 countries are gathering at WTO's headquarters in Geneva this week to discuss international trade talks

WTO ministerial conference extended by one day to facilitate outcomes

The conference was initially scheduled to close on Wednesday and is now extended till June 16

Low expectations from the 12th WTO Ministerial Conference

The meet takes place under the shadow of global inflation, supply chain disruptions, lingering pandemic, slowing growth momentum, and the Russia-Ukraine war

WTO MC12: Export restrictions can blow up global food crisis, says DG

Director General Okonjo Iweala Ngozi warns of a 'bumpy road' to consensus on even one-two deliverables

G33 Ministerial Meet: Goyal concerned over stalemate on public stockholding

Goyal stressed that the decision related to the public stockholding and special safeguard mechanism are the key areas of concern for the developing nations

WTO chief warns of 'bumpy' road as ministers work to reach deals

The WTO chief insisted that trade has lifted 1 billion people out of poverty, but poorer countries - and poor people in richer ones - are often left behind

Indian wheat must not be re-exported to 3rd country, says Piyush Goyal

'We want to support less developed, friendly and neighbouring countries to the extent we can'

WTO MC12: India will agree to fisheries deal if it is 'equitable'

The current draft is unfairly constraining the less developed nations that don't have the capacity and resources to support their industry and farmers

Global supply crunch

Food prices will remain elevated in the near term

India wants WTO to play its role in containing global inflation

The 12th ministerial conference, the highest decision-making body of the WTO, is scheduled to meet on June 12-15 in Geneva

India's exports up 24% to $38 bn in April; trade deficit widens to $20 bn

The preceding month had witnessed record outbound shipments of $42.2 billion

WTO's 12th ministerial conference to take place on June 12-15 in Geneva

The Ministerial Conference (MC) is the highest decision making body of the 164-member Geneva-based multilateral body

War in Ukraine to curb trade and economic growth this year, says WTO

The WTO said its projections for world trade take into account factors like the impact of the war, sanctions on Russia and shrinking worldwide demand amid lower business and consumer confidence

US accuses China of failing to meet its free-trade commitments

The United States has accused China of failing to meet its commitments to the World Trade Organisation and says it is exploring new ways to combat aggressive Chinese trade practices.

Brazil's pioneering solution to vaccine shortages

The world is not making as many vaccines as it could