wto

wto

Global trade is expected to drop around 18.5 percent year-on-year in the second quarter of 2020. (AFP Photo)

WTO: Global trade set to shrink 18.5% in Q2

The global trade body said that in the first quarter, the volume of merchandise trade shrank by 3% year-on-year.
23 Jun 2020 3:22 PM
US President Donald Trump on Wednesday complained that his country has not been "treated fairly" by the World Trade Organisation (WTO), stating that the United States is not considered a "developing nation" while China and India are, by the global trade body. (Photo: File)

India, China got ‘tremendous advantage’ of developing country status: Trump

The US President also chose to highlight the achievements saying that since his election, his country has gained over 7 million new jobs.
23 Jan 2020 11:16 AM
The signing of the ASEAN Agreement in 2009 further opened up the Indian market to the plantation producing countries like Indonesia, Vietnam, Malaysia, Thailand etc. Under the ASEAN Agreement, the import duties were gradually reduced since 2009 for tea, coffee and pepper while natural rubber, cardamom and a few tariff lines on coffee were kept under exclusion list.

Kochi: Rubber, coffee, tea under threat over RCEP pact

Among the five plantation commodities, natural rubber and pepper have an overall trade deficit, irrespective of RCEP.
19 Oct 2019 2:37 AM
'They're having their worst year in many, many decades. They're having a supply chain that's being absolutely fractured and broken, which is very bad for them,' Trump told reporters at the White House in response to a question. (Photo: File)

'China has taken advantage of US and WTO,' says Trump

Trump asserted as a result of his policies the US has created tremendous wealth in this country since he was elected.
05 Sep 2019 1:31 PM
The world's two biggest economies have been embroiled in a bruising year-long trade war which escalated further on Sunday when Washington moved ahead with fresh levy hikes which Beijing had promised to match. (Photo: File)

China lodges WTO trade complaint against US after imposition of fresh tariffs

US's latest levies on imports from China took effect under high-pressure campaign aimed at compelling Beijing to sign a new trade deal.
03 Sep 2019 11:14 AM
The major US complaint against the WTO is about the dispute settlement mechanism as well as the system by which countries declare themselves as developing countries. (Photo: AP)

US being treated more fairly by WTO now, we appreciate it: Trump

Trump has complained of differential treatment received by India, China at WTO, even threatened to pull out of the global organisation.
26 Aug 2019 6:41 PM
On the other hand, China exports $7 billion worth man-made textiles to the US. Even if India manages to grab a portion of these exports and manage to grow by 10 per cent, the $6 billion man-made textile exports will move up to $6.6 billion. However, in order to grab this opportunity, the industry needs support of the government.

Trade war can help MMF exports

Indian MMF exports have been stagnating for the past four years. At $6 billion, the exports had grown by a marginal 1.9 per cent in FY19.
21 Aug 2019 1:50 AM
WTO members agreed to establish panels requested by Brazil, Australia and Guatemala to review India's support measures for the sugar sector. (Representational Images)

WTO to set up dispute settlement panel to review India's sugar subsidy

India has stated that the measures were consistent with its WTO obligations.
17 Aug 2019 10:03 AM
Photo: Representational image

Pakistan faces disappointment at WTO

The country lost the chairmanship of WTO's Committee on Trade and Environment (CTE) and Advisory Centre on WTO Law (ACWL).
04 Aug 2019 4:36 PM
Brazil respectfully requests that the dispute settlement body establish a panel, according to a communication submitted by the South American country to the Geneva-based WTO.

Brazil seeks WTO to set up dispute panel in case against India on sugar subsidy

Brazil has alleged that India has massively increased domestic support under its support regime for sugarcane and sugar.
16 Jul 2019 6:32 PM
India has been providing transport subsidies of between 1,000 rupees (USD 14.59) a tonne to 3,000 rupees a tonne to sugar mills.

India to keep sugar export subsidies even as rivals complain-sources

India’s exports surged to 3.3 million tonnes from 620,000 tonnes a year earlier.
16 Jul 2019 11:22 AM
Global imbalances remain large and persistent and require thorough monitoring and timely policy responses.We further stress the importance of a favourable global economic environment for sustained growth of international trade, the joint statement said. (Photo: AFP | File)

BRICS leaders call for transparent, inclusive international trade

The 5 leaders noted that world economic growth appears to be stabilising and is generally projected to pick up moderately.
28 Jun 2019 6:34 PM
Piyush Goyal said "we believe" that the US decision of withdrawing GSP (Generalised System of Preferences) benefits "is not exactly as per the norms of WTO and GATT which have been mutually agreed and which are multilateral trade agreements". (Photo: File)

India won't bargain national interest in trade talks with US: Goyal

India exported goods worth over USD 6 billion under GSP in 2018.
27 Jun 2019 9:41 AM
The European Union asked India to explain how PM Modi proposed to spend 25 trillion rupees (USD 357.5 billion) on agriculture and rural development, doubling farmers' incomes by 2022 as part of a 100 trillion-rupee, five-year infrastructure splurge. (Photo: File)

'How will this be done?': EU asks India about doubling farmers' income at WTO

US President Donald Trump and Indian Prime Minister Narendra Modi have both made boosting farm incomes a priority.
18 Jun 2019 9:14 AM
India believes that the reform process should not undermine the WTO's fundamental principles, namely, 'Special and Differential Treatment' (S&DT), consensus based decision making and objective of development, said Piyush Goyal. (Photo: File)

WTO reform process should not undermine its basic principles: Goyal

Piyush Goyal said in reform process of the WTO, concerns of all member countries must be accommodated.
11 Jun 2019 10:17 AM
On May 14, Japan dragged India to the WTO over the import duties imposed on certain electronic goods including telephones for cellular networks.

Singapore, Canada seek to join WTO consultations over India's ICT products tariff

According to a communication of WTO, both countries have stated that they have a substantial trade interest in ICT goods.
21 May 2019 3:30 PM
'The logjam in the appellate body is a serious threat to the dispute settlement mechanism of the WTO and the implementation function of the organisation,' an official statement said quoting the secretary. (Photo: File)

Collapse of WTO's dispute system, imbalance in reform agenda: India

The issues were flagged by India on first day of a meeting of senior officials of 22 members of the WTO.
13 May 2019 2:48 PM
As per the WTO rules, these countries would have to seek approval from India and the EU to join the consultation process.

Canada, Thailand seek to join WTO consultations over India tariff issue

The US, Singapore and Chinese Taipei had also expressed their interest to join consultations in this dispute on Tuesday.
24 Apr 2019 5:01 PM
Biswajit Dhar, a professor of economics at Jawaharlal Nehru University, said that the US allegations are completely unfounded.

India is not a tariff king, has right to protect specific sectors under WTO: Experts

US Prez Donald Trump repeatedly claimed India is a 'tariff king' and imposes 'tremendously high' import duties on American goods.
21 Apr 2019 1:46 PM
Talking about the proposed national e-commerce policy, Commerce and Industry Minister Suresh Prabhu said the draft is in the public domain and the ministry would look at all suggestions and views.

India mulls hosting second WTO mini-ministerial meet next month: Prabhu

This meeting assumes significance as several countries are raising questions over the relevance of the global trade body.
05 Apr 2019 4:44 PM

1 of 8
ADVERTISEMENT


MOST POPULAR

 

Priyanka Chopra, Nick Jonas welcome first child via surrogacy

Priyanka Chopra Jonas and husband Nick Jonas (Willy Sanjuan/Invision/AP, File)
 

Afghan tradition allows girls to access the freedom of boys

At not quite 8 years old, Sanam is a bacha posh: a girl living as a boy. (AP Image)
 

No cash ready to pay Haridasulu? Pay via app!

Fewer in numbers, the modern Haridasulu have printed QR codes on their tamburas and collecting alms from people this year. (DC Image)
 

Hyderabad all set to host Formula E

The Federation of Internationale de Automobile holds the annual racing event for the most environmental-friendly cars. (Representational Image/AFP)
 

Four-day work week, change in salary: All about new labour codes in FY 2022-23

The Centre has already finalised the rules under these codes and now states are required to frame regulations on their part as labour is a concurrent subject. (Representational Image: PTI)
 

Register pet dog or pay Rs 50,000 fine to GHMC

A unique identification will be provided to the dog after registration and pet owners should submit their dog’s recent vaccination certificate, any proof of residence and a no-objection certificate from their neighbours. — Representational image/DC
ADVERTISEMENT
ADVERTISEMENT


ADVERTISEMENT

Sports Gallery

Fireworks illuminate over the National Stadium during the opening ceremony of the 2020 Summer Olympics in Tokyo on Friday. (Photo: AP)

Tokyo Olympics: Tribute to Athletes amidst empty seats at the Olympic Stadium

On or off? Who's saying what over status of 2020 Tokyo Olympics
FIRST SALVO (1-0): RB Leipzig midfilder Marcel Sabitzer beats Tottenham Hotspur’s French goalkeeper Hugo Lloris all ends up for the team’s first goal. AFP Photo

Leipzig's date with UEFA Champions League quarter-finals
THE BEGINNING OF THE END: Mayank Agarwal starts the procession back to the pavillion after becoming Trent Boult's first victim.

Vanquished Virat's boys trudge back to the pavilion
Indian captain Virat Kohli catches a ball on day one of the second Test cricket match between New Zealand and India (AFP)

India Vs New Zealand 2nd Test, Day One Highlights
India becomes the first team to enter the semi-finals. Picture courtesy:Twitter

India Vs New Zealand Women's T20 World Cup 2020 Highlights
ADVERTISEMENT
Home Asian Age Andhrabhoomi Financial Chronicle About Us Contact Us Classifieds Book Classifieds Feedback Careers E-Paper Privacy Policy

Copyright © 2015 - 2022 Deccan Chronicle.

Designed, Developed & Maintained By Daksham
-->