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World Trade Organization

India's merchandise trade deficit widens to a record $37.8 bn in Nov

Exports contract 4.85% to $32.1 billion; imports increase by 27% to $69.95 bn

India's merchandise trade deficit widens to a record $37.8 bn in Nov
Updated On : 16 Dec 2024 | 11:24 PM IST

India seeks stronger WTO subsidy regulations for high seas fishing

India has pitched at the WTO for stricter regulations on subsidies granted by countries that are engaged in high seas fishing activities, an official said. Highlighting the stark disparity, an Indian document submitted at the World Trade Organization (WTO) has noted that it provides a modest USD 35 per fisher annually, compared to subsidies as high as USD 76,000 per fisher per year in some European nations. India also suggested that historical subsidisers should seek permission of the Committee on Fisheries Subsidies for grant of subsidies in future. The country has made these remarks in the meetings of the Negotiating Group on Rules (Fisheries subsidies), which are going on in Geneva. "India has pitched for strong disciplines for historical fisheries subsidisers which are engaged in distant water fishing (200 nautical miles from sea shore) and has asked for a moratorium on subsidies at the present level for 25 years," the official said. On these demands, India was supported by ..

India seeks stronger WTO subsidy regulations for high seas fishing
Updated On : 15 Dec 2024 | 2:48 PM IST

WTO: India for 'per capita distribution of subsidies' criteria for fishers

India also flagged the difference in the amount of subsidy provided by developing nations such as India, as compared to developed nations

WTO: India for 'per capita distribution of subsidies' criteria for fishers
Updated On : 10 Dec 2024 | 11:47 PM IST

WHO chief congratulates Okonjo on reappointment as WTO Director General

On her reappointment, Ngozi Okonjo-Iweala thanked the members and highlighted the challenges she plans to address

WHO chief congratulates Okonjo on reappointment as WTO Director General
Updated On : 30 Nov 2024 | 9:18 AM IST

India must infuse flexibility in policy amid shifting global trade dynamics

India needs to develop a better understanding of the evolving dynamics of global trade institutions and trade rules among its trade negotiators

India must infuse flexibility in policy amid shifting global trade dynamics
Updated On : 31 Oct 2024 | 11:43 AM IST

WTO cuts 2025 world merchandise trade growth forecast to 3% from 3.3%

The first half of 2024 saw 2.3 per cent year-on-year increase. The rebound came against the backdrop of a slump in 2023 - of 1.1 per cent - driven by high inflation and rising interest rates

WTO cuts 2025 world merchandise trade growth forecast to 3% from 3.3%
Updated On : 11 Oct 2024 | 12:44 AM IST

India to impose retaliatory measures against European Union's steel tariffs

The move comes after bilateral engagements with the trade bloc had failed earlier this year

India to impose retaliatory measures against European Union's steel tariffs
Updated On : 21 Sep 2024 | 12:35 AM IST

Export bans to subsidies: WTO nations inquire about India's agri policies

Nations including the US, UK, Japan, and Canada have sought answers from India about its continued export bans and other agricultural policies at the World Trade Organization (WTO)

Export bans to subsidies: WTO nations inquire about India's agri policies
Updated On : 19 Sep 2024 | 10:57 AM IST
Updated On : 17 Jul 2024 | 11:58 PM IST

Shaping future trade

India should prepare for changing dynamics

Shaping future trade
Updated On : 25 Jun 2024 | 10:42 PM IST

Centre developing mechanism to validate refund claimed under RoDTEP

The scheme came into effect over three years ago to refund the embedded non-creditable central, state and local levies paid on inputs to exporters to boost India's exports

Centre developing mechanism to validate refund claimed under RoDTEP
Updated On : 17 Jun 2024 | 11:02 PM IST

Spirit of Marrakech can help reform WTO

The WTO dispute settlement mechanism was made dysfunctional by the refusal of the US to appoint judges

Spirit of Marrakech can help reform WTO
Updated On : 21 Apr 2024 | 9:43 PM IST

Needed an Apple encore

India can do better in electronics exports

Needed an Apple encore
Updated On : 11 Apr 2024 | 9:50 PM IST

A requiem for the WTO

Despite its benefits to global prosperity, the WTO may be on its last legs, unless something changes dramatically

A requiem for the WTO
Updated On : 03 Apr 2024 | 11:35 PM IST

India-US successfully resolve all seven pending WTO disputes bilaterally

The resolution of all the disputes is not only a sign of strengthening economic ties between both nations, but also showcases India's new approach to trade issues

India-US successfully resolve all seven pending WTO disputes bilaterally
Updated On : 23 Mar 2024 | 11:44 AM IST

India-US successfully resolve all seven pending WTO disputes bilaterally

The resolution of all the disputes is not only a sign of strengthening economic ties between both nations, but also showcases India's new approach to trade issues

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Updated On : 23 Mar 2024 | 11:41 AM IST

TEPA with EFTA - welcome but no big deal

The EFTA's market access offer covers 100 per cent of non-agricultural products and tariff concessions on processed agricultural products

TEPA with EFTA - welcome but no big deal
Updated On : 17 Mar 2024 | 10:48 PM IST

Decoded: Differences remain amid some headway at WTO ministerial conference

Issues like subsidies, public stockholding for food security persist

Decoded: Differences remain amid some headway at WTO ministerial conference
Updated On : 03 Mar 2024 | 10:24 PM IST

WTO: Fighting for rights of small fishermen, says FM Nirmala Sitharaman

The ongoing WTO 13th ministerial conference (MC13) in Abu Dhabi, which was supposed to end on February 29, has been extended by a day due to the logjam over key issues

WTO: Fighting for rights of small fishermen, says FM Nirmala Sitharaman
Updated On : 01 Mar 2024 | 10:56 PM IST

'India blocks China's IFD in WTO, unlikely to feature in final outcome'

Along with India, South Africa also joined the WTO to block the Investment Facilitation Development Agreemen

'India blocks China's IFD in WTO, unlikely to feature in final outcome'
Updated On : 29 Feb 2024 | 12:30 AM IST