New Delhi to push for services trade facilitation & food stockpiling
TFA will have a major impact on poorer countries, because it simplifies customs procedures
The amendment permanently changes WTO's Trade Related Aspects of Intellectual Property agreement
Nirmala Sitharaman said that Argentina and Brazil, too did not support the move
Merchandise trade in developed countries dropped to 52% in 2014 from 80% in 1995
The complaint will likely add to rising trade tensions between the world's two largest economies
India is pitching for the pact as services contribute 60% to of its GDP, employ 28% of its workforce
India is pushing for a trade agreement on services as members of the global trade body
India wants the WTO to do 'solid work' in the new year as global uncertainties loom
Trade Facilitation Agreement was signed by WTO member countries in 2013
Canadian Trade Minister said Canada will review the decision before deciding whether to appeal
US and EU are some of the biggest levellers of anti-dumping measures under this process against China
The WTO said the subsidy came in the form of a renewed cut in Washington state's main business tax for aerospace
Issues like implementation of the TFA in goods and work programme for the post-Nairobi meet could be discussed
Matter assumes significance as rich nations want the WTO to start negotiations on new issues such as e-commerce
WTO's appellate body upheld the rulings which stated the Indian government's power purchase agreements with solar firms were "inconsistent" with international norms
Appeal ruling is final and India will be expected to bring its laws into compliance with the WTO rules
India's complaint is on the grounds that subsidies are inconsistent with world trade norms
Differences had surfaced between developing countries including India and developed economies including the US
Japan also warned India that the safeguard duty imposed on hot-rolled flat and coils was in violation of a WTO agreement