World Trade Organisation

US Trade Representative Jamieson Greer said Washington would work with like-minded partners outside the WTO if the moratorium is not restored

Talks on the e-commerce import duty ban reached a deadlock between Brazil and the US

Expectations this time are low for an institution that governs 98 per cent of global trade, worth over $35 trillion, due to a deep divide over its direction

WTO's MC14 will see discussions on reforms, e-commerce rules, fisheries subsidies and public stockholding, with India expected to push for policy space and clarity

India and the US are set to clash over WTO reforms ahead of the MC14 meeting, with New Delhi defending core principles like consensus decision-making and the MFN rule

The minister said India's approach to the chairship of BRICS is 'humanity first' and 'people-centric'

China has approached the WTO seeking dispute consultations with India over import duties on IT goods and local value norms under the solar PV production-linked incentive scheme

India is set to oppose a US push at the WTO to dilute the MFN principle, calling it a threat to the core foundations of the multilateral trading system

Trump's sweeping tariffs have forced countries to line up to negotiate bilateral trade deals with Washington, bypassing the multilateral framework

India has called for action to curb non-tariff barriers, address trade distortions caused by non-market economies, and restore a strong dispute settlement mechanism at the WTO, Commerce and Industry Minister Piyush Goyal said on Wednesday. The minister also pitched for strengthening the current consensus-based approach at the World Trade Organisation (WTO), the special and differential treatment given to less developed countries and developing countries, and bringing back focus on issues that have already been finalised and mandated at previous ministerial meetings. "India made a strong pitch for addressing non-tariff barriers that certain countries use to deprive others of market access, take necessary action against non-market economies, ensure that we have a strong dispute settlement mechanism at the WTO so that finality can be brought and discipline can be maintained," Goyal told reporters here. The minister made these remarks in a meeting of about 25 ministers of WTO member ...

In March this year, soon after the US raised its duties on steel and aluminium, China and Canada proposed retaliatory tariffs against imports from the US

China will impose additional tariffs on some products imported from the United States, effective from March 10

New Delhi is also trying to decipher what will be the shape of the US's proposed reciprocal tariff law before drawing conclusions regarding its consistency with respect to global trade norms under WTO

The European Commission on Friday said the US's 'reciprocal' policy is a step in the wrong direction and will react firmly and immediately against unjustified barriers to free and fair trade

According to the latest available estimates by India Tourism Statistics Report for 2022, Canada was the second most preferred destination for Indians to study abroad

India and Chinese Taipei have asked the WTO's dispute settlement body not to adopt any ruling against New Delhi's import duties on certain information and technology products till July 26 as both sides are engaged in resolving the matter, an official said. The issue came up during a meeting of the dispute settlement body (DSB) in Geneva on April 26. In the meeting, the two countries asked DSB to delay consideration of a dispute panel's reports until July 26, 2024 in order to help facilitate resolution of the disputes, the Geneva-based official said, adding that the body agreed to that. Earlier also, DSB had agreed to three previous requests from India and Chinese Taipei to delay consideration of the reports. As per rules of the WTO, the panel's ruling will have to be adopted by DSB for implementation within 60 days of the release of the order. However, countries can mutually request DSB for delay in adoption of the ruling. In its report, a dispute panel of WTO on April 17, 2023

Countries say European bloc's safeguard duty was inconsistent with regulations of the global trade organisation

In her testimony before the House Ways and Means Committee Hearing on the President's 2024 Trade Policy Agenda, Tai mentioned that India and the US resolved the final outstanding WTO dispute

Two developing countries say there is no consensus on proposal and it can't be included in outcome document of ministerial conference

India is a consensus builder in the World Trade Organisation (WTO) by playing a key role in the process but some countries are breaking that, Commerce and Industry Minister Piyush Goyal said on Wednesday. He is here for the 13th ministerial conference (MC) of the WTO. The meeting started on February 26 to discuss issues such as agriculture and fisheries subsidies, dispute settlement and moratorium on customs duty levy on e-commerce trade. The minister's remarks came amid allegations by certain developed nations that India is blocking deals at the WTO. "Our stand is consistent... we have to see who are blocking the issues and who is responsible for not letting things of the WTO smoothly... It is proved that India in fact is a consensus builder and we are playing a key role in making consensus ...and certain countries are breaking that consensus on certain issues," Goyal told reporters here. He also said that India stands on strong principles of fair play, justice at the WTO and want