The official said that developed countries have demanded discussion on export restrictions-on items such as wheat-imposed by India
According to the European Commission, EU exports of such technology affected by India's violations is up to €600 million annually, which is significant
"In addressing the issue of appeal, delegates are actively exploring potential resolutions that can reconcile the diverse perspectives expressed by Members," he said
US, Canada, 17 other members raised 35 specific trade concerns
The TPF is the premier bilateral forum for discussion and resolution of trade and investment issues between the US and India
India seeks to resolve a WTO import duty dispute with the European Union on certain information and technology products through the proposed free trade agreement, which is under active negotiations, an official said. Following a ruling of the World Trade Organisation's (WTO) dispute panel on April 17 that import duties imposed by India on certain information and technology (ICT) products such as mobile phones and components, base stations, integrated circuits and optical instruments violate global trading norms, India and the European Union (EU) are discussing ways to resolve the matter amicably outside the ambit of the WTO. As part of the discussion, the EU has sought duty concessions from India on these goods as it was violative of the global trade norms, but India has stated that it would be again a breach of WTO rules, if the concessions be extended only to the EU, the official said. They are seeking duty concessions, which according to India can be discussed only under the free
India is among eight other developing nations pushing for a patent waiver that has already been authorised for the use of the Covid-19 vaccine
Grouping of Brazil, South Africa, India and China says new 'green trade barriers' against WTO rules
Countries, including the United States, European Union, Canada, Australia, Switzerland, and New Zealand, are seeking clarity on the expiry dates of India's export restrictions and duties
The two tier dispute settlement system of WTO involving consultation and adjudication remains non-functional since December 2019
In June, they urged the WTO's dispute settlement body to mutually defer an appeal, which was pushed by 180 days - in two tranches of 90 days, each
Brazil has offered to share its ethanol production technology with India as part of efforts to resolve a sugar related dispute between the two countries at WTO (World Trade Organisation), an official said. The South American nation in its proposal has stated that the ethanol production technology would help India to use surplus sugar in making ethanol. The offer can help India utilise its excess sugar output and ease competition for Brazil in the international sugar market. Brazil is the largest producer of sugarcane and ethanol in the world. It is a leader in the technology used for ethanol production. It is also the largest exporter of sugar in the world. India is the world's second-largest producer. The proposal could benefit India as it aims to gradually increase the percentage of blending of ethanol in petroleum auto fuels and reduce dependence on imported crude oil. "Brazil has a flex technology. They do ethanol blending. That technology is good for India also. Brazil has ar
India has called for starting formal negotiations by WTO members to reform the dispute settlement body of the World Trade Organisation, as the present informal deliberations are creating hindrance for several nations to participate in the talks, an official said. The official added that formal talks on the subject can help in arriving at some kind of consensus by the 13th ministerial conference (MC), the highest decision making body of the WTO, in Abu Dhabi in February next year. The issue came up for discussion during a recent meeting of senior officials of WTO members in Geneva last week. Certain countries flagged their concerns on the informal system of talks. "We have to formalise this process as soon as possible. India stated that if you want to maintain the WTO's credibility, we need to talk on this," the official said. WTO's dispute settlement body (DSB) is one of the important arms of the 164-member Geneva-based body. Besides monitoring global exports and imports related ..
India on Thursday told WTO members that its success in feeding a large population demonstrates the country's understanding of what is best for developing nations at the negotiation table, an official said. The observations were made at an agriculture negotiation meeting in Geneva, chaired by Ambassador Alparslan Acarsoy of Trkiye. It is time for some developed members to abandon the higher moral ground, the Geneva-based official said. In recent negotiations, India, along with 80 World Trade Organization (WTO) members, has made it clear that the focus of the outcome on agriculture at the 13th Ministerial Conference (MC13) in February 2024 should centre around a food security package, with a solution for public stockholding at its core. The Ministerial Conference is the highest decision-making body of the WTO. It is scheduled to meet in Abu Dhabi in February next year. India has stated that this solution should provide developing members with sufficient flexibility to purchase food
The WTO Director-General urged officials to arrive in Geneva with "realistic expectations of what is truly doable" for MC13, rather than sticking to established positions
In Norway's view, the MC13 should drive further progress on the WTO's contribution to tackling common environmental challenges
'We have seen curbs on export of palm oil by Indonesia two years back. Another reason for countries like India to restrict export of wheat and rice is largely a fall out of emerging global trade'
India needs to give a notification to the WTO at the Committee of Import Licensing, though a date for this has not been decided yet
The European Union and Chinese Taipei have requested the World Trade Organisation's (WTO) dispute settlement body not to adopt the panel's ruling against India with regard to an ICT duty dispute to enable the countries to resolve the issue mutually, Minister of State for Commerce and Industry Anupriya Patel informed the Lok Sabha on Wednesday. On April 2, 2019, the EU challenged the introduction of import duties by India at WTO on a wide range of ICT products like mobile phones and components, base stations, integrated circuits and optical instruments. The EU had claimed that the measures appear to be inconsistent with certain provisions of WTO. Later, Chinese Taipei and Japan joined the dispute. Since Japan has filed its motion for the adoption of the panel's report at Dispute Settlement Body (DSB) meeting at WTO, India, in response, filed its notice of appeal. "But the European Union and Chinese Taipei have made a request to the Dispute Settlement Body at WTO to defer the adoption
85% of 11,000 products offered at zero tariff remains unutilised