Page 5 - Wto India

'WTO not listening to developing nations', says FM Nirmala Sitharaman

Sitharaman stressed that there was also a need to involve the private sector to step up investment and innovation

WTO ruling against India in tech tariffs dispute with European Union

India, however, believes that such retaliations will eventually be detrimental to the trade on both sides

India exploring options after WTO panel ruling, rules out immediate impact

The statement comes a day after Business Standard reported quoting an EU spokesperson that EU may impose retaliatory tariffs on Indian goods if New Delhi doesn't abide by the WTO ruling

ICT levy dispute at WTO: EU may opt for retaliatory tariffs on Indian goods

The EU had earlier approached India to resolve the matter through the MPIA

WTO panel rules against India in ICT tariff dispute with EU, others

The EU has also approached India to resolve the matter through a multi-party interim appeal arbitration arrangement (MPIA)

India to challenge WTO panel ruling on ICT import duties at appellate body

India will appeal against a ruling of the World Trade Organization's (WTO) trade dispute settlement panel which ruled that the country's import dues on certain information and technology products are inconsistent with the global trade norms, commerce ministry sources said. They said that the ruling will not have any adverse impact on domestic industry. The appeal will be filed by India in the WTO's appellate body, which is the final authority on such trade disputes, they said. The dispute panel of the Geneva-based WTO on Monday said the import duties imposed by India on certain informational and technology products violates global trading norms. The ruling followed a dispute filed by the European Union, Japan and Taiwan against these duties in the WTO. "We will be going for an appeal against the decision and there will be no adverse impact on our industry," the commerce ministry sources added. The EU on April 2, 2019 had challenged the introduction of import duties by India on a

Govt introduces quality control orders for 31 textile items, more on anvil

The QCOs, which apply to both domestic and foreign manufacturers, have been brought in to ensure adherence of such products to global standards

Digital infrastructure role in e-commerce: India seeks views at WTO

The WTO's 12th ministerial conference in June had decided to reinvigorate the ongoing work programme on e-commerce

Hold talks to extend TRIPS waiver to Covid diagnostics: Piyush Goyal to G20

Goyal said if multilateralism was imperilled, the world will not be left with many fora to promote dialogue and diplomacy

Staying out of IPEF's trade pillar: There are two sides to this debate

There is no meeting ground between politics which is looking at the elections this year, and economics, which is looking at the next decade

Top Headlines: BSNL bailout, YES Bank to raise $1.1 bn from Carlyle, Advent

Business Standard brings you the top headlines at this hour

Proposed DESH law aims to grant SEZs greater flexibility, but will it work?

Some experts see significant positives, other believe problems associated with older policy will persist

TRIPS waiver deal in WTO to help countries make Covid vaccines: Goyal

Commerce and industry minister Piyush Goyal on Monday said TRIPS waiver for five years agreed in the recently concluded WTO will help countries manufacture Covid vaccines to deal with the pandemic.

TMSEp197: WTO report card, Ashish Khanna, Crypto markets, RBI's MPC

Was WTO meet success for India? What does Ashish Khanna of Tata Power say about our renewable energy target? Will the crypto carnage continue? How does MPC function & what's its mandate? Answers here

Was WTO meet a success for India?

Union minister of commerce and industry Piyush Goyal called the WTO meeting a "spectacular success" for India. But experts insist that it was a mixed bag. So what exactly happened in Geneva this time?

India softens stance to hammer out a "no harm" trade deal at WTO meet

Piyush Goyal said perhaps this was the first ministerial where India set the agenda. "We were on the front foot. We were telling other countries what needs to be done"

Special provisions for emerging markets are non-negotiable: Goyal at WTO

Pushes for reforms in appellate body, which is currently non-functional

For India, response to Covid won't be complete without TRIPS waiver: Goyal

The package of measures, which the WTO is negotiating here, must include the patent waiver proposal of India and South Africa as it would help in dealing with multiple issues Goyal said on Monday.

India pitching permanent solution to food stockholding at WTO meet

India will make a pitch for finding a permanent solution to the issue of public stockholding for food security in the WTO meet in Geneva starting June 12, an official said. Besides, issues including agri subsidies and World Food Programme will be on the agenda of the 12th ministerial conference, the highest decision making body of the 164-member World Trade Organization (WTO), the official said. For the meeting, the Indian team will be led by Commerce and Industry Minister Piyush Goyal. "Finding permanent solution to public stockholding will be our key demand," the official added. Under global trade norms, a WTO member country's food subsidy bill should not breach the limit of 10 per cent of the value of production based on the reference price of 1986-88. As part of permanent solution, India has asked for things like amendments in the formula to calculate the food subsidy cap and inclusion of programmes implemented after 2013 under the ambit of 'Peace Clause'. As an interim measu

India wants WTO to play its role in containing global inflation

The 12th ministerial conference, the highest decision-making body of the WTO, is scheduled to meet on June 12-15 in Geneva