As cumulative experience should teach us, fuzzy approaches have costs, so the homework has to be done before signing of contracts, not after, writes T N Ninan
Many service providers complained that the processes for applying and obtaining the licenses are not clear in many countries
India believes that the draft text on agriculture is "completely imbalanced"
India and South Africa had submitted a joint proposal for waiving some sections of the TRIPS agreement
On the table for a two-day meeting of a WTO panel is a revised proposal by India and South Africa for a temporary IP waiver on Covid vaccines
India on Friday expressed hope for an early decision in the WTO on a proposal of India and South Africa for a temporary waiver of certain intellectual property rights provisions in the TRIPS agreement
India said temporary waiver of certain provisions of intellectual property rights under a WTO agreement would be an important step to enable scaling up of Covid-19 vaccines manufacturing
Exports had recovered 5 per cent in September after months of contraction.
Brazilian Roberto Azevedo, 62, has been director-general at the Geneva-based trade body since 2013 and was on a second term of office due to conclude at the end of August 2021
Subsidies over and above the prescribed ceiling are seen as trade distorting. The limit is fixed at 10 per cent of the value of food production for developing countries like India.
The US has stalled appointments of members in the appellate body of WTO's dispute settlement system.
India has contested that it should be given an eight-year phase-out period as was available to other developing countries
"We recommend that the United States bring its measures into conformity with its obligations," the ruling said
If we go on being inward-looking, how will the system open up? Those that are not competitive locking competitive ones out of markets cannot be a way to get to the $5-trn dream, writes T N Ninan
The US has also cornered India at the multilateral platform, stating WTO rules prohibit middle-income nations from providing market distorting export subsidies at all
Outbound trade fell by 6.57 per cent in September, to a three-month low with the trade decline plaguing major foreign exchange earners
"This is a resounding victory for the United States," Robert Lighthizer said in a statement.
They have also submitted fresh questions on the validity of the steps taken by India under global trade rules and asked New Delhi to justify the restrictions under the WTO rules
Donald Trump administration repeated its threat to dismantle all special and and differential treatment (S&DT) to developing countries in current and future trade agreements
WTO launched a new Services Trade Barometer on Tuesday