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Page 2 - World Trade Organization

WTO cuts 2025 world merchandise trade growth forecast to 3% from 3.3%

The first half of 2024 saw 2.3 per cent year-on-year increase. The rebound came against the backdrop of a slump in 2023 - of 1.1 per cent - driven by high inflation and rising interest rates

WTO cuts 2025 world merchandise trade growth forecast to 3% from 3.3%
Updated On : 11 Oct 2024 | 12:44 AM IST

India to impose retaliatory measures against European Union's steel tariffs

The move comes after bilateral engagements with the trade bloc had failed earlier this year

India to impose retaliatory measures against European Union's steel tariffs
Updated On : 21 Sep 2024 | 12:35 AM IST

Export bans to subsidies: WTO nations inquire about India's agri policies

Nations including the US, UK, Japan, and Canada have sought answers from India about its continued export bans and other agricultural policies at the World Trade Organization (WTO)

Export bans to subsidies: WTO nations inquire about India's agri policies
Updated On : 19 Sep 2024 | 10:57 AM IST
China's industrial support programmes lack transparency, says WTO
Updated On : 17 Jul 2024 | 11:58 PM IST

Shaping future trade

India should prepare for changing dynamics

Shaping future trade
Updated On : 25 Jun 2024 | 10:42 PM IST

Centre developing mechanism to validate refund claimed under RoDTEP

The scheme came into effect over three years ago to refund the embedded non-creditable central, state and local levies paid on inputs to exporters to boost India's exports

Centre developing mechanism to validate refund claimed under RoDTEP
Updated On : 17 Jun 2024 | 11:02 PM IST

Spirit of Marrakech can help reform WTO

The WTO dispute settlement mechanism was made dysfunctional by the refusal of the US to appoint judges

Spirit of Marrakech can help reform WTO
Updated On : 21 Apr 2024 | 9:43 PM IST

Needed an Apple encore

India can do better in electronics exports

Needed an Apple encore
Updated On : 11 Apr 2024 | 9:50 PM IST

A requiem for the WTO

Despite its benefits to global prosperity, the WTO may be on its last legs, unless something changes dramatically

A requiem for the WTO
Updated On : 03 Apr 2024 | 11:35 PM IST

India-US successfully resolve all seven pending WTO disputes bilaterally

The resolution of all the disputes is not only a sign of strengthening economic ties between both nations, but also showcases India's new approach to trade issues

India-US successfully resolve all seven pending WTO disputes bilaterally
Updated On : 23 Mar 2024 | 11:44 AM IST

India-US successfully resolve all seven pending WTO disputes bilaterally

The resolution of all the disputes is not only a sign of strengthening economic ties between both nations, but also showcases India's new approach to trade issues

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Updated On : 23 Mar 2024 | 11:41 AM IST

TEPA with EFTA - welcome but no big deal

The EFTA's market access offer covers 100 per cent of non-agricultural products and tariff concessions on processed agricultural products

TEPA with EFTA - welcome but no big deal
Updated On : 17 Mar 2024 | 10:48 PM IST

Decoded: Differences remain amid some headway at WTO ministerial conference

Issues like subsidies, public stockholding for food security persist

Decoded: Differences remain amid some headway at WTO ministerial conference
Updated On : 03 Mar 2024 | 10:24 PM IST

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

WTO: Fighting for rights of small fishermen, says FM Nirmala Sitharaman
Updated On : 01 Mar 2024 | 10:56 PM IST

'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 blocks China's IFD in WTO, unlikely to feature in final outcome'
Updated On : 29 Feb 2024 | 12:30 AM IST

India, South Africa block investment agreement at WTO's Abu Dhabi meet

"It's hard to tell if we are going to land something or if we are sleepwalking into failure," said one trade delegate

India, South Africa block investment agreement at WTO's Abu Dhabi meet
Updated On : 28 Feb 2024 | 9:01 PM IST

India calls China-backed IFD proposal at WTO as non-trade issue: Official

As per the WTO, the Investment Facilitation for Development (IFD) Initiative, was originally launched in the spring of 2017 by a group of developing and least-developed WTO members

India calls China-backed IFD proposal at WTO as non-trade issue: Official
Updated On : 28 Feb 2024 | 7:37 AM IST

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

Over 70 WTO nations agree to take additional obligations in services sector
Updated On : 27 Feb 2024 | 11:33 PM IST

WTO ministerial: Permanent solution to food security may be some time away

WTO draft text proposes to 'agree, adopt' a binding framework until next meet

WTO ministerial: Permanent solution to food security may be some time away
Updated On : 25 Feb 2024 | 10:58 PM IST

Tax-free status of movie, music, games traded online on table at WTO meet

Since late last century and the early days of the web, providers of digital media like Netflix and Spotify have had a free pass when it comes to international taxes on films, video games and music that are shipped across borders through the internet. But now, a global consensus on the issue may be starting to crack. As the World Trade Organisation opens its latest biannual meeting of government ministers Monday, its longtime moratorium on duties on e-commerce products which has been renewed almost automatically since 1998 is coming under pressure as never before. This week in Abu Dhabi, the WTO's 164 member countries will take up a number of key issues: Subsidies that encourage overfishing. Reforms to make agricultural markets fairer and more eco-friendly. And efforts to revive the Geneva-based trade body's system of resolving disputes among countries. All of those are tall orders, but the moratorium on e-commerce duties is perhaps the matter most in play. It centres on electroni

Tax-free status of movie, music, games traded online on table at WTO meet
Updated On : 25 Feb 2024 | 1:05 PM IST