The country would also like to enter into line-by-line negotiations on the text and it is open and flexible to engage in all possible formats, whether, in plenary or small group meetings, India said
A conclusion likely by July 21, when the General Council is scheduled to meet. Meanwhile, India will engage with all members via text negotiations
WTO said 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 WTO's chief called for action on boosting Covid vaccine production in developing nations as several members of the global trade watchdog urged her to hold urgent talks with manufacturers to do so
A group of African, Caribbean, and Pacific countries have supported India for supplying Covid-19 vaccines to different developing and least developed nations
WTO members agreed on Monday to hold the next major ministerial meeting in Geneva, Switzerland in late 2021
The new head of the World Trade Organization threw her support behind long-fruitless efforts among member countries to agree on some fisheries subsidies
As director-general, a position that wields limited formal power, Okonjo-Iweala, 66, will need to broker international trade talks in the face of persistent U.S.-China conflict
Changes made in the FDI norms last year are fully compliant with New Delhi's commitments under WTO, Parliament was informed on Friday
Nigeria's Ngozi Okonjo-Iweala is widely expected to be chosen to fill a months-long leadership void at the global trade watchdog after Washington reversed its opposition last week
The comments were made during the final session of India's seventh Trade Policy Review (TPR) which concluded on Friday at the WTO in Geneva.
The practice of procurement from certain states has also resulted in regional disparities in production
World Trade Organization's members commended steps taken by India to improve trade and economic policies in a more inclusive and sustainable manner
Fixing the global trading system means first coming to grips with why it is broken
Australia's prime minister said Tuesday that China would be in breach of World Trade Organization rules as well as a bilateral free trade agreement if it banned Australian coal. Prime Minister Scott Morrison was responding to a report in the Chinese state-owned Global Times newspaper that the Chinese National Development and Reform Commission had given power plants approval to import coal without restrictions except for Australian coal. Morrison said he was treating the report as media speculation because the Chinese government had yet to clarify its position. If that were the case, then that would obviously be in breach of WTO rules, Morrison told reporters. It would be obviously in breach of our on free trade agreement and so we would hope that's certainly not the case." Coal and iron ore are Australia's most lucrative exports. But Australian exports appear to have suffered due to deteriorating bilateral relations since Australia called for an independent inquiry into the ...
Otherwise, there won't be enough shots to go around, even in rich countries
US partners should coordinate new efforts to strengthen their joint military capabilities, much as Japan has been doing with Australia, India and key Southeast Asian nations
Also, Biden is expected to soften the stance on Iran, which may mean India may be able to resume buying oil from the West Asian nation, say experts
The city retains separate representation at the global trade body and has a separate customs jurisdiction from mainland China.
The previous WTO director-general, Roberto Azevedo of Brazil, made a surprise announcement in May that he would leave the job a year early, citing a "personal decision."