Page 5 - World Trade Organisation

No-nonsense Nigerian woman to be named boss in double first for WTO

A self-declared "doer" with a track record of taking on seemingly intractable problems, Okonjo-Iweala will have her work cut out for her at the trade body

WTO backs EU tariffs on $4 billion US goods over Boeing subsidies:Report

The two sides have been locked in a 16-year-old dispute at the Geneva-based WTO over aid to their aircraft industries in a pair of cases that together represent the world's largest corporate dispute

$200-bn worth US tariffs on China are illegal: World Trade Organisation

World Trade Organisation panel ruled that Trump administration tariffs on $200 billion worth of Chinese goods are illegal

India mulling anti-dumping duty on acrylic fibre from EU, Peru, others

The domestic industry has suffered material injury due to dumping of the product by these nations, according to a notification of DGTR

China's entry to WTO, the worst of all deals, says Prez Donald Trump

China's entry into the World Trade Organisation is the "worst of all deals" said US President Donald Trump on Thursday."China's entry into the World Trade Organisation which is probably the worst of all the deals, if you want to know the truth...They violated the rules like nobody had ever violated it before," Trump said at the Whirlpool Corporation Manufacturing Plant in Ohio."In the past, politicians have aggressively pursued a policy of globalisation, moving our jobs, wealth and our factories overseas. Globalisation has made the elites who donate to politicians wealthy and has left nothing for our workers expect for poverty and heartache," he added.Further calling China a developing nation, the US President said that they had advantages "but we did not accept them".Previously in January, Trump said that US has not been "treated fairly" by the World Trade Organisation (WTO), which considered China and India as developing nations."The World Trade Organisation has been very unfair to

Maharashtra may procure remdesivir from Bangladesh to treat Covid patients

State government to procure 10,000 vials for Rs 12 crore

Global merchandise trade volumes likely to nosedive in H1, says WTO

The global body's goods trade barometer (GTB) on Wednesday hinted at further weakening of trade volumes in H2CY20.

WTO head Roberto Azevedo calls virtual meet, likely to step down: Report

Brazilian Roberto Azevedo, 62, has been director-general at the Geneva-based trade body since 2013 and was on a second term of office due to conclude at the end of August 2021

Coronavirus pandemic adds a major blow to struggling shipping industry

The pandemic adds a major blow to an industry reeling from a toxic combination of geopolitical tensions, trade restrictions and natural disasters in 2019

WTO-compliant remission of tax scheme for exporters gets canbinet nod

Under the scheme, an inter-ministerial committee will determine the rates and items on which the reimbursement of taxes and duties would be provided.

India for elimination of trade-distorting subsidies on agriculture in WTO

On the World Trade Organization's (WTO) appellate body for dispute settlement, he said early restoration of the full strength of the body will help in realising the objectives of the WTO

WTO extends ban on tariffs for digital trade, India set to benefit

The decision came after talks ran late into Monday evening, two trade officials said

India appeals against WTO settlement panel ruling on export subsidies

India has contested that it should be given an eight-year phase-out period as was available to other developing countries

India and its Brics dilemmas

The five-country group faces challenges arising from bilateral differences and diverse political systems

WTO backs US in trade dispute, says India's export subsidies illegal

The US has also cornered India at the multilateral platform, stating WTO rules prohibit middle-income nations from providing market distorting export subsidies at all

Why India lost a major trade dispute with US at World Trade Organization

Outbound trade fell by 6.57 per cent in September, to a three-month low with the trade decline plaguing major foreign exchange earners

India involved in 14 disputes at WTO currently, says Piyush Goyal

At present, India is involved in 14 WTO disputes, all of which are being handled by domestic law firms

Rebuilding trust among countries

WTO's success lies in collective work and all its negotiations must follow the fundamental principle of multilateralism

US has raised concerns, wants reform in trade body's functioning: WTO chief

The meeting is first time WTO members have gathered since President Donald Trump's announcement last week of a 25% tariff on US imports of steel and 10% on aluminium

Indian export subsidy hurting American firms: US complains at WTO

According to the Indian government documents, thousands of Indian companies are receiving benefits totaling to over $7 billion annually from these programs