India must protect its interests in WTO on fishery subsidies
Some manufacturers also said that the regulatory approval framework for Covid-19 vaccines in other nations also takes a substantial amount of time
This comes as WTO D-G reaches India for three-day visit
The latest push by India and South Africa on Trade-Related Intellectual Property Rights (TRIPS) waiver on Covid-19 vaccine is one of the agenda
The meeting between Sitharaman and Iweala took place on the sidelines of the World Bank and IMF annual meetings
A top US trade official said Thursday the Biden administration remains committed to an easing of rules that protect the technology behind coronavirus vaccines so that they can be produced more widely
Exports from India have been rising consistently over the last few quarters
The WTO said on Monday it expected merchandise trade would grow this year by 10.8% after a fall of 5.3% in 2020. In March, it had forecast 2021 growth of 8.0%
For this fiscal year, the main target is to accelerate exports and reach the $400-bn aim
Global services purchasing managers' index (102.7) and financial services (100.2) indices indicated that the pace of growth has slowed down.
US refuses to repair the damage it did to WTO
The Agreement on Agriculture at the WTO was riddled with deep imbalances, which favour the developed countries and have tilted the rules against others, commerce minister Piyush Goyal has said.
Govt officials say they are cautious as they don't want to be trapped in the WTO quagmire
In a Q&A, UKIBC's group chair lists out three areas that need focus - tariff reduction in some sectors, removal of non-tariff barriers on goods, and aligning data protection rules
The US should, as leading economic power, quickly rescue moribund WTO dispute settlement mechanism and work with other countries to come up with meaningful initiatives
The global merchandise trade is continuing its robust recovery from the shock of the Covid-19 pandemic, according to the WTO's Goods Trade Barometer, which hit a record high in its latest reading
The scheme will ensure that exporters receive refunds on the embedded taxes and duties previously non-recoverable
Next week WTO delegates are planning to depart Geneva for their August break and, in doing so, pause their fractious debate over a proposal to waive intellectual-property protections for Covid shotS
Member countries of the World Trade Organization have pledged to conclude the negotiations soon for the fisheries subsidies agreement, which would set new rules for the global fisheries industry
India said that it is 'very' keen to finalise an agreement on fisheries subsidies in the WTO as irrational benefits and overfishing by many countries are hurting domestic fishermen