World Trade-organisation

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World Trade-organisation - Total results - 128
India mulls hosting second WTO mini-ministerial meet next month: Commerce minister Suresh Prabhu
Business

India mulls hosting second WTO mini-ministerial meet next month: Commerce minister Suresh Prabhu

India is planning to host the second informal meeting of trade ministers from about 20 member nations of the World Trade Organization (WTO) here next month amid growing challenges for global trade, Commerce and Industry Minister Suresh Prabhu has said

Global trade will continue to face strong headwinds in 2019-20 on increased economic uncertainty: WTO
Business

Global trade will continue to face strong headwinds in 2019-20 on increased economic uncertainty: WTO

World Trade Organisation (WTO) statement came at a time when India is taking various steps to boost exports. The slowdown in global trade could impact India's exports.

EU drags India to WTO over imposition of  import duties on ICT products, alleges breach of global trade norms
Business

EU drags India to WTO over imposition of import duties on ICT products, alleges breach of global trade norms

The EU is challenging the introduction of import duties on a wide range of ICT products, for instance, mobile phones and components, base stations,

India considers moving WTO against US over withdrawal of import sops under trade preference scheme
Business

India considers moving WTO against US over withdrawal of import sops under trade preference scheme

On 5 March, the US decided to withdraw import duty benefits, which was in the range of 1-6 percent, under its Generalised System of Preferences (GSP) programme

Commerce and industry ministry drafting new e-commerce policy to boost online retail sector: DIPP secretary
Business

Commerce and industry ministry drafting new e-commerce policy to boost online retail sector: DIPP secretary

The draft had suggested to introduce a pre-set timeframe for offering differential pricing or deep discounts by e-commerce players to customers.

Sharp rise in trade-restrictive measures from G20 economies, further escalation remains a threat: WTO
Business

Sharp rise in trade-restrictive measures from G20 economies, further escalation remains a threat: WTO

Director General of WTO Roberto Azevedo said the report's findings should be of serious concern for G20 governments and the whole international community

APEC Summit: After Mike Pence, Xi Jinping spar over tariffs, infrastructure; grouping fails to issue joint statement
India

APEC Summit: After Mike Pence, Xi Jinping spar over tariffs, infrastructure; grouping fails to issue joint statement

Chinese president Xi Jinping and US vice president Mike Pence traded barbs in speeches at the APEC summit of world leaders on Saturday, outlining competing visions for global leadership as trade and other tensions between them simmer.

India may impose anti-dumping duty on import of Chinese chemical used in detergent industry to guard domestic manufacturers
Business

India may impose anti-dumping duty on import of Chinese chemical used in detergent industry to guard domestic manufacturers

The commerce ministry's investigation arm Directorate General of Trade Remedies (DGTR), after concluding its probe, has recommended the duty on imports of 'Zeolite 4A (Detergent Grade)' imported from China.

World Trade Organisation ministerial meet pledges 21st century trade rules to fight protectionism
Business

World Trade Organisation ministerial meet pledges 21st century trade rules to fight protectionism

Asserting that the current situation at the World Trade Organisation is no longer sustainable, the Ottawa Ministerial on WTO reform Thursday vowed to fight against protectionism.

Donald Trump touts American sovereignty during United Nations General Assembly speech, rejects 'ideology of globalism'
World

Donald Trump touts American sovereignty during United Nations General Assembly speech, rejects 'ideology of globalism'

Donald Trump also blasted unfair trade practices around the world, saying America believes trade must be fair and reciprocal and the US will no longer be taken advantage of by anyone.

Mandating e-commerce firms to store user data exclusively in India will impact their business: Experts
Business

Mandating e-commerce firms to store user data exclusively in India will impact their business: Experts

An initial draft policy set up to formulate a national e-commerce policy has suggested that all e-commerce companies will have to store user data exclusively in India in view of security and privacy concerns.

Donald Trump claims India wants trade deal with US despite tough stance taken by his administration
World

Donald Trump claims India wants trade deal with US despite tough stance taken by his administration

Donald Trump said his trade representatives headed by Bob Lighthizer (the US Trade Representative) are very tough, smart and very good.

Donald Trump wants to stop subsidies to growing economies like India and China, says US should grow 'faster than anybody'
World

Donald Trump wants to stop subsidies to growing economies like India and China, says US should grow 'faster than anybody'

Donald Trump on Friday said he wants to stop the subsidies that growing economies like India and China have been receiving.

Daily Bulletin: India face Pakistan for bronze in hockey at Asian Games, Rahul Gandhi's pilgrimage sparks row; day's top stories
India

Daily Bulletin: India face Pakistan for bronze in hockey at Asian Games, Rahul Gandhi's pilgrimage sparks row; day's top stories

Congress president Rahul Gandhi embarked on the Kailash Mansarovar Yatra on Friday night as per his wish expressed in April after a mid-air accident was averted while he was flying to Karnataka for campaigning in Assembly polls.

Arvind Panagariya says tariff wars have placed future of multilateral trading system at serious risk
Business

Arvind Panagariya says tariff wars have placed future of multilateral trading system at serious risk

On the ongoing global tariff wars, Panagariya praised the Indian government for not imposing a retaliatory tariff on US products as it could impose bigger injury on the nation.

UK prime minister refutes finance minister's assessment of no-deal Brexit, says it would 'not be a disaster'
World

UK prime minister refutes finance minister's assessment of no-deal Brexit, says it would 'not be a disaster'

Theresa May's government last week outlined its preparations for a no-deal Brexit. British lawmakers are split on May's proposals to keep Britain close to the EU on trade — parts of which have since been rejected by Brussels.

US-China trade war: Contrary to assumptions, evolving dispute won't open doors that easily for Indian exporters
Business

US-China trade war: Contrary to assumptions, evolving dispute won't open doors that easily for Indian exporters

The US-China trade war may not be all smooth sailing for Indian exports given the tenuous relations we have with America on the trade front.

India keen to join Russia in WTO case against US on steel, aluminium duties
Business

India keen to join Russia in WTO case against US on steel, aluminium duties

India's exports of steel and aluminium products to America stood at about $1.5 billion every year

Switzerland challenges US trade tariffs at World Trade Organisation; country joins EU, Mexico, Canada among others in doing so
World

Switzerland challenges US trade tariffs at World Trade Organisation; country joins EU, Mexico, Canada among others in doing so

Switzerland has joined a string of countries launching challenges to Washington's new steel and aluminium tariffs at the World Trade Organization

US-China trade war: Caught in the crossfire, India may have to stoop to conquer
Business

US-China trade war: Caught in the crossfire, India may have to stoop to conquer

Trump’s animus and grudge is against China with which the United States has had a mind-boggling trade deficit of $375 billion in 2017