Page 2 - Wto India

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

It's 'sad' some countries still obstructing outcomes at WTO: Piyush Goyal

The WTO ministerial meeting in Abu Dhabi this week is seeking deals on ending fishing subsidies and extending a moratorium on digital trade tariffs - a move that India and South Africa oppose

WTO MC13: India for review of Customs duty pause on digital goods

India demands end to customs duties moratorium on e-commerce, says it impacts developing countries

'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 pushes for restoration of WTO appellate body as 'top-most priority'

India also called for effective formalisation of the ongoing informal dispute settlement reform discussions among some member nations at the WTO, at the 13th ministerial conference (MC13) in Abu Dhabi

Over 70 WTO nations agree to take additional obligations in services sector

India would benefit from a move of over 70 nations like the UK, UAE and Australia that have agreed to take on additional obligations in the services sector under an agreement of the WTO, an official said on Tuesday. These WTO (World Trade Organisation) members are taking the additional obligations under the General Agreement on Goods in Services (GATS) to ease non-goods trade among themselves and extend similar concessions to all other members of the WTO. These obligations under their schedules in GATS seek to mitigate unintended trade restrictive effects or measures relating to licensing requirements and procedures, qualification requirements and procedures, and technical standards among themselves, the official added. The disciplines will be applied on a "most-favoured nation" principle, meaning that they will benefit all WTO members. It will also benefit Indian professional companies which will now have equal opportunity to access markets in these 70 countries, if they meet the

WTO adopts new plurilateral agreement on domestic services regulation

The services domestic regulation agreement entered into force at the 13th Ministerial Conference in Abu Dhabi

WTO should not negotiate rules on non-trade issues, says Piyush Goyal

Says such matters should be addressed in intergovernmental organisations

Global economy weighed down by war, uncertainty & instability: WTO chief

The head of the World Trade Organisation warned on Monday that war, uncertainty and instability are weighing down the global economy and urged the bloc to embrace reform as elections across nearly half the world's population could bring new challenges. WTO Director-General Ngozi Okonjo-Iweala sought to offer some praise for her organisation as it held its binneial meeting in the United Arab Emirates, even as it faces pressure from the United States and other nations. But she was blunt about the risks ahead, as higher prices for food, energy and other essentials sting people's pockets, fuelling political frustration. People everywhere are feeling anxious about the future and this will be felt at the ballot box this year, she said. None are perhaps more critical for the WTO than the US presidential election on November 5. Running again is former President Donald Trump, who threatened to withdraw the US from the WTO and repeatedly levied tariffs taxes on imported goods on perceived

TMS Ep637: India at WTO, hybrid vs EV cars, markets, economic sanctions

Why does India want investment agenda out of WTO talks? Why are hybrid cars racing ahead of EVs? What will be on markets' radar this week? What are economic sanctions? All answers here

'Not in dreamland': WTO aims for modest outcomes at Abu Dhabi meet

'Tough' politics complicate deal-making, says Ngozi Okonjo-Iweala, WTO chief

WTO ministerial: India's 'no' at Abu Dhabi summit may just mean 'not yet'

From the outside, it's easy to think of India as an undifferentiated mass of individuals with leaders who turn up in places such as Abu Dhabi to reject everything the rest of the world suggests

WTO MC13 may not achieve much

The global trading rules agreed at the conclusion of the Uruguay round of negotiations at Marrakesh in April 1994 that led to the establishment of the WTO have largely remained unchanged

WTO ministerial: Agri reforms to e-com, India to stand ground on key issues

India has found support from a group of developing nations at the WTO, including Africa on this issue. However, developed countries view this as a subsidy for farmers and as a distortion to trade

Hope nations will come to WTO meet with positive attitude like India: Goyal

India on Friday expressed hope that other countries will come to the WTO meet in Abu Dhabi with a positive attitude and listen to the concerns of developing nations for providing free and fair solutions to their problems. Commerce and Industry Minister Piyush Goyal also said that though the World Trade Organisation (WTO) has played an important role in setting robust rules for global trade, there are significant problems in the organisation. Trade ministers of 164 countries will gather in Abu Dhabi, UAE from February 26 to discuss a range of issues pertaining to areas such as agriculture, fisheries subsidies, and a moratorium on imposing customs duty on e-commerce trade. "I do hope that other countries will also come to the table with a positive attitude as does India...(I do hope that) other countries are also willing to listen to us and other less developed and developing countries' concerns and give free and fair solutions to the problems," Goyal said at the Raisina Dialogue ...

India opposes China-led investment facilitation proposal at WTO

This is because investment, as a subject, falls outside the mandate of the WTO. Besides, India is fundamentally against plurilateral pacts on multilateral platforms such as the WTO

Govt should talk more on its steps to protect farmer interests

The WTO Agreement on Agriculture (AoA) was one of the many agreements that were negotiated during the Uruguay Round and the option available was to accept all the agreements or none

WTO informal discussions: India opposes plan for dispute categorisation

WTO members have engaged in informal delegate-level discussions since April 2022, initiated by the US, which is seeking consensus on reforms in the dispute settlement system

India's fight for food security at WTO

Amid scrutiny of its market support for rice, India must remain vigilant in signing future trade deals to safeguard its interests

Consensus on WTO dispute settlement body reforms 'low' in next meet: GTRI

WTO member countries are unlikely to reach a consensus next month on reforming the dispute settlement system of the global trade body as there are wide differences over the issue between developed and developing countries, a GTRI report said on Sunday. The trade minister of the 164-member World Trade Organisation (WTO) will gather in Abu Dhabi in February for the 13th ministerial conference (MC) to resolve different issues such as reforms in dispute settlement mechanisms, agriculture-related matters and a moratorium on customs duties on e-commerce trade. "Reaching a consensus on reform of the dispute settlement system is complex, with developed and developing countries holding different priorities and concerns," economic think tank Global Trade Research Initiative (GTRI) said. It said that balancing India's demands for an appellate body, S&DT (special and differential treatment) provisions, and fairness while addressing other members' concerns, including transparency and legal ...