Page 17 - Wto

WTO backs EU tariffs on $4 billion US goods over Boeing subsidies:Report

The two sides have been locked in a 16-year-old dispute at the Geneva-based WTO over aid to their aircraft industries in a pair of cases that together represent the world's largest corporate dispute

World commercial services trade shows resilience despite momentum loss: WTO

4.3 per cent dip in services trade in first quarter of 2020 was not as much as earlier anticipated

Defiant USTR says WTO China tariff ruling shows trade body's inadequacy

Lighthizer said the decision shows that the WTO provides no remedy for China's "misconduct"

Damaged WTO now leaderless as chief Roberto Azevedo steps down

Azevedo, a Brazilian, is heading for a job at PepsiCo Inc and eight candidates are vying to replace him

Global merchandise trade volumes fell 14% in first half of 2020: WTO

Latest Goods Trade Barometer shows annual fall may be restricted to 13% in 2020

China's entry to WTO, the worst of all deals, says Prez Donald Trump

China's entry into the World Trade Organisation is the "worst of all deals" said US President Donald Trump on Thursday."China's entry into the World Trade Organisation which is probably the worst of all the deals, if you want to know the truth...They violated the rules like nobody had ever violated it before," Trump said at the Whirlpool Corporation Manufacturing Plant in Ohio."In the past, politicians have aggressively pursued a policy of globalisation, moving our jobs, wealth and our factories overseas. Globalisation has made the elites who donate to politicians wealthy and has left nothing for our workers expect for poverty and heartache," he added.Further calling China a developing nation, the US President said that they had advantages "but we did not accept them".Previously in January, Trump said that US has not been "treated fairly" by the World Trade Organisation (WTO), which considered China and India as developing nations."The World Trade Organisation has been very unfair to

US raises questions on certain Indian schemes for fishery in WTO committee

The US has raised questions in a committee of the World Trade Organisation on certain fishery schemes of India, the international body said in a communication on Tuesday

India urges WTO members to reconsider moratorium on duties on e-commerce

The e-commerce moratorium is nothing short of duty-free, quota-free' access to digital products of the digitally industrialized members by the rest of the membership, said India's WTO representative

More dark clouds over trade

We have been witnessing an exacerbation and an amplification of existing trade tensions

WTO reforms have to factor in interests of all, says Suresh Prabhu

"WTO's reforms have to take into account the interests of all members. It has to come out with a forward-looking agenda in an inclusive manner," Prabhu said

WTO head Roberto Azevedo calls virtual meet, likely to step down: Report

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

Covid-19 impact: International tourism may decline by 60-80% in 2020

This places millions of livelihoods at risk and threatens to roll back progress made in advancing the Sustainable Development Goals

No valid basis for EU tariffs in Boeing-Airbus subsidy dispute: US to WTO

The WTO has found the world's two largest planemakers received billions of dollars of unfair subsidies in a pair of cases dating back to 2004

WTO panel report on India sugar subsidy case may not come before Q2, 2021

In 2019, Brazil, Australia and Guatemala dragged India into the WTO's dispute settlement mechanism alleging that New Delhi's sugar subsidies to farmers are inconsistent with global trade rules

Global trade may plummet between 13% to 32%, WTO sees 'ugly' numbers

'These numbers are ugly - there is no getting around that,' World Trade Organisation Director-General Roberto Azevedo said

Need for non-economic globalisation: Lessons from the Coronavirus pandemic

While the post World War II global order has successfully promoted trade openness and free markets, it has failed on non-economic metrics such as climate change and health

India not obliged to accept WTO panel's report on export schemes: Govt

India is involved in 15 disputes at the WTO, mostly against the US: Minister tells Parliament.

WTO-compliant remission of tax scheme for exporters gets canbinet nod

Under the scheme, an inter-ministerial committee will determine the rates and items on which the reimbursement of taxes and duties would be provided.

Govt approves tax reimbursement scheme for exporters, MEIS to be phased out

These taxes include value added tax (VAT), electricity duties and fuel used for transportation, which are not exempt or refunded under any other existing mechanism.

Beyond green shoots: How to ensure speed and quality of economic recovery

Unless key issues are addressed, even if growth bounces back from the sub-5 per cent, it will stay lower than the already inadequate long-term average of 6.6%, writes T N Ninan