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India at WTO: Ably defending the indefensible in trade negotiations

India's WTO negotiators have performed brilliantly in defending the 'perceived' national interest - but did they read the national interest correctly?

As US credibility falters, Asia and Europe must lead global stability

Given that everyone will suffer from these shocks, cooperation to ameliorate them should be a priority, especially for Asia and Europe

Auto industry has resilience to tackle rare earth issue: HD Kumaraswamy

The government is actively engaging with EU to ensure that concerns of Indian companies and hard-to-abate sectors are adequately addressed under CBAM, says union minister of heavy industries and steel

WTO chief urges India to support proposal on investment facilitation

World Trade Organization chief Ngozi Okonjo-Iweala on Tuesday urged India to support the China-led proposal on investment facilitation for development as several developing countries are backing the initiative. The Director General of the Geneva-based body said she discussed several issues like WTO reforms and agriculture with Indian Commerce and Industry Minister Piyush Goyal. The Indian minister is here on an official visit. "We need India as a leader. India is a leading country, and India is doing well. So, India needs to open the way for other developing countries, for example, on investment facilitation for development, we want it to support, because so many developing countries - 90 out of the 126 who are members, would like to move with this," she told reporters here. But for agriculture, "we also need" to listen to what India's issues are and try to be supportive. A China-led group of 128 countries is pushing for the Investment Facilitation for Development (IFD) proposal.

'US remittance tax, tariffs to cost India billions in lost investments'

The original version of US President Donald Trump's "One Big Beautiful Bill" included a 5 per cent excise duty on outward remittances

Revenge of the rich: Time to rethink and rewrite the global trade script

In the 25-odd years of this global trade order, there are now new losers and winners

European Union open to resolving tech trade dispute with India at WTO

The longstanding dispute centres on India's imposition of tariffs on information and communication technology (ICT) goods

Has Trump and the world made the WTO obsolete? | Trump tariffs | Trade tensions

It was once hailed as the guardian of global trade. But today, the World Trade Organization—or WTO—looks like an institution on life support. The rules are being broken. The courts aren’t working.

India unlikely to raise dispute against US at WTO over reciprocal tariff

The consultation on steel and aluminium safeguard measures is the first case involving India and the US at the WTO

India's export performance remains uninspiring amid weak global position

In 2015, the government said that it aims to increase India's exports of merchandise and services from $465.9 billion in 2013-14 to approximately $900 billion

The new bilateral age: EU FTA urgency key to shaping the new trade order

The World Trade Organization (WTO) seemed unable to rein in China's hidden subsidies to its exporting sectors, and to restore a level playing field for global trade

Indian tariffs are WTO compliant; Centre should convey to US: GTRI

India's import duties are in compliance with the global trade rules and the government should convey this to the US administration, economic think tank GTRI said on Sunday. It also said that negotiating a comprehensive free trade agreement with the US presents several challenges. The US may push India to open government procurement to American firms, reduce agricultural subsidies, weaken patent protections by allowing evergreening, and remove restrictions on data flows, it said, adding India has resisted these demands for decades and is still not prepared to accept. US President Donald Trump on multiple occasions have alleged that India has high tariffs and termed it "tariff king" and "tariff abuser". Tariffs are import duties imposed and collected by the government and paid by companies to bring foreign goods into the country. "India's tariffs are consistent with WTO (World Trade Organisation) rules. "They are the result of a single undertaking at the WTO which all countries ...

AI-powered trade revolution: Opportunities and challenges for India

AI is transforming global trade, offering opportunities and challenges. India must adapt its policies, leveraging AI for export growth and addressing regulatory issues

WTO: India for 'per capita distribution of subsidies' criteria for fishers

India also flagged the difference in the amount of subsidy provided by developing nations such as India, as compared to developed nations

Biden should revive WTO dispute settlement mechanism before leaving

The decision to give a second term to Ngozi Okonjo-Iweala reflects broad recognition of her exceptional leadership and strategic vision for the future of the WTO

WHO chief congratulates Okonjo on reappointment as WTO Director General

On her reappointment, Ngozi Okonjo-Iweala thanked the members and highlighted the challenges she plans to address

Incumbent WTO head Iweala lone contender for top job in Trump era 2.0

During his first term, Trump paralysed WTO's top adjudications court by blocking judge appointments - a status that continues today - and announced tariffs on U.S. imports of steel and aluminum

China files complaint at WTO over EU anti-subsidy tariffs on Chinese EVs

China has moved forward with a complaint at the World Trade Organisation that alleges the European Union has improperly set anti-subsidy tariffs on new Chinese-made electric vehicles. The Chinese diplomatic mission to the WTO said Monday it strongly opposes the measures and insisted its move was designed to protect the EV industry and support a global transition toward greener technologies. The European bloc announced last month it was imposing import duties of up to 35% on electric vehicles from China, alleging the Chinese exports were unfairly undercutting EU industry prices. The duties are set to remain in force for five years, unless an amicable deal can be struck. Electric vehicles have become a major flashpoint in a broader trade dispute over the influence of Chinese government subsidies on European markets and Beijing's burgeoning exports of green technology to the bloc. China alleged that the EU move amounted to an abuse of trade remedies that violates WTO rules, and amount

WTO accepts India request to defer ICT import duty dispute ruling until Apr

The WTO's dispute settlement body on Monday again accepted a request from India and Chinese Taipei not to adopt the ruling against New Delhi's import duties on certain information and technology products till April next year, as both sides are engaged in resolving the matter mutually, an official said. The issue came up during a meeting of the dispute settlement body (DSB) in Geneva. "The DSB agreed to the latest requests from Chinese Taipei and India," the Geneva-based official said. At the October 28 meeting, India and Chinese Taipei once again requested additional time from the DSB to consider the adoption of the panel rulings in the case initiated by Chinese Taipei regarding India's tariffs on certain high-tech goods. The two sides had requested that the DSB further delay consideration of the panel reports until October 28, 2024, to help facilitate the resolution of the disputes. "The parties asked that the DSB further delay consideration of the panel report until 25 April 202

India not in favour of facilitator-led process in WTO on agriculture issues

India on Monday expressed reservations over the facilitator-led process in the World Trade Organisation to discuss issues on agriculture, saying that it would potentially undermine ministerial mandates and take negotiations backwards, an official said. The issue came up during a meeting of Heads of Delegation (HoDs) dedicated to agriculture in Geneva at the World Trade Organisation (WTO). The official said that India has stressed on the urgency to address mandated matters like public stockholding (PSH), special safeguard mechanism (SSM), and cotton issues in dedicated sessions, separate from broader agriculture negotiations. "India noted that the facilitator-led process would potentially undermine Ministerial mandates and it would take negotiations backwards. It also raised concerns about transparency, neutrality, and inclusive discussion in the facilitator model and warned against creating new pillars, as it would complicate negotiations further," the Geneva-based official said. I