World Trade Organisation

The World Trade Organization's ministerial meeting in Cameroon will focus on reforming the 30-year-old body. The US and EU aim to expand talks to new issues and recognize plurilateral agreements, while India will advocate for farm trade reforms and preserve the WTO's core principles, prioritizing small farmers and policy space for developing economies.

Trade ministers convene for WTO's MC14 in Cameroon, facing deep divisions on key issues like e-commerce, agriculture, and fisheries subsidies. Limited outcomes are expected as developing nations, including India, push to preserve policy space against developed countries' demands for broader liberalization.

India advocates for World Trade Organisation reform, emphasizing development for poorer nations and consensus-based decisions. Commerce Minister Piyush Goyal stressed the need to revive the dispute settlement mechanism and address long-pending issues like public stockholding for cotton-growing countries. India also signaled reservations about incorporating plurilateral agreements and continuing customs waivers for e-commerce.

The commerce department has said that the proposal to mandate local sourcing of products, especially from small scale units, by foreign retailers setting up stores in India is not compatible with India’s commitment at the World Trade Organisation.

Pascal Lamy, director-general of the World Trade Organisation, was in India to drum up support for reviving the stalled global trade talks.

At the World Trade Organisation (WTO) headquarters in Geneva, there have been voices — largely from the US — suggesting that a new category of countries be created apart from the three main groups — developed, developing and least developed countries.

The All India University Employees’ Confederation (AIUEC), an umbrella body of university employees’ unions, on Monday condemned, what it termed, “reorientation of the education policy in the country.”

India has refused to play ball with the US and other developed countries on a controversial proposal for opening up developing markets to remanufactured goods under the Doha trade talks, apprehending this will lead to dumping of sub-standard goods.

Textile and leather industries of Punjab are tense after the government of India decided to drop its objections in the World Trade Organisation (WTO) general council meeting mid next month against duty free access to 75 Pakistani items in the 27-member European Union.

Textile and leather industries of Punjab are tense after the government of India decided to drop its objections in the World Trade Organisation (WTO) general council meeting mid next month against duty free access to 75 Pakistani items in the 27-member European Union.

The World Trade Organisation (WTO) should look at the issue of farm subsidies with an open mind as it impacts the food security needs of emerging economies in the backdrop of Covid pandemic and the Russia-Ukraine war, finance minister Nirmala Sitharaman said on Wednesday. Sitharaman said sooner a solution is found out by the WTO, the better it would be for the world.

Pakistan on Wednesday moved closer to granting most-favoured nation status to India by switching to a system of “negative lists” that will restrict the import of around 1,200 items from India, compared to the earlier regime where only 1,900 products were permitted to be shipped across the border.

New Delhi, Aug 11 () The growth of India's services sector, which was highly resilient even during the global financial crisis, has moderated to 7.7 per cent in 2016-17, according to the Economic Survey. The sector, which grew by 9.

The US on Tuesday said it has filed a case in the World Trade Organisation (WTO) against China for imposition of import duty its chicken products.

Developed countries linking World Trade Organisation reforms with special and differential treatment (S&DT), being provided to poor and developing nations, is "unfair" and the trade body needs to reassess the way it has been conducting its affairs, commerce and industry minister Piyush Goyal said on Thursday.

India is talking to "good number" of countries to garner support on its stand on the food security issue at the World Trade Organisation (WTO) with a view to carry forward the talks for freer trade.

A US lobby group has warned Indian industry that investments into the country will dry up if New Delhi refuses to relent at the World Trade Organisation.

Nilambur teak will soon become the first forest resource from India to get GI (geographical indication) tag of World Trade Organisation (WTO).

Economists at the Geneva-based agency also reduced their estimate for 2016 to 3.9% from 4%.

India's ambitious target of reaching USD 500 billion in exports by 2013-14 fiscal is unlikely to be met due to weak demand in global markets such as the US and Europe, Assocham has said.

UP has the dubious distinction of having the largest population of indebted farmer households in the country. The estimated number of these farmer households is 6.9 million out of total 17.6 million farmer households in the state. Average outstanding loan per farmer household is estimated to be well over Rs 6,706.

New Delhi, Oct 4 () Key WTO members, including India, will converge in Morocco on October 8-9 to discuss the agenda to be formally taken up at the forthcoming ministerial conference in Argentina, a senior government official said.