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WTO

India, Chinese Taipei ask WTO body to delay ruling on ICT import duties dispute till July 26

India, Chinese Taipei ask WTO body to delay ruling on ICT import duties dispute till July 26

Sat, Apr 27, 2024

In its report, a dispute panel of WTO on April 17, 2023 said import duties imposed by India on certain information and technology products violate global trading norms.

India records 17% jump to become 4th largest exporter of digital services: WTO report

India records 17% jump to become 4th largest exporter of digital services: WTO report

Thu, Apr 11, 2024

WTO expects the volume of world merchandise trade to increase by 2.6 per cent in 2024 and 3.3 per cent in 2025 after falling 1.2 per cent in 2023 but cautioned that regional conflicts, geopolitical tensions and economic policy uncertainty pose substantial downside risks to the forecast.

Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi

Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi

Sun, Feb 25, 2024

As the World Trade Organisation opens its latest biannual meeting of government ministers Monday, its longtime moratorium on duties on e-commerce products — which has been renewed almost automatically since 1998 — is coming under pressure as never before.

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China hits back at US telecom supply chain order at WTO

China hits back at US telecom supply chain order at WTO

Fri, Jun 12, 2020

Jiankai Jin, a diplomat at China`s mission to the World Trade Organization, denounced the US move during closed door multilateral talks at the body`s headquarters in Geneva.

Amid Covid-19 pandemic, customs duties eliminated on over 84 pct of medical products

Amid Covid-19 pandemic, customs duties eliminated on over 84 pct of medical products

Wed, Apr 29, 2020

In the midst of global Covid-19 pandemic, member countries of the Geneva-based World Trade Organization (WTO) have eliminated customs duties on over 84 per cent of medical products for 2020 under their various regional trade agreements (RTAs).

WTO: Commonwealth Trade ministers agree to resist protectionism, work together to reform the World Trade Organisation

WTO: Commonwealth Trade ministers agree to resist protectionism, work together to reform the World Trade Organisation

Fri, Oct 11, 2019

WTO: Trade ministers from across the Commonwealth made a commitment to resist all forms of protectionism, and to work urgently together towards reforming the WTO.

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

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

Tue, May 21, 2019

Japan alleged that imposition of import duties on these products by India infringes WTO norms as India has committed zero per cent bound tariffs on these products.

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

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

Sun, Apr 21, 2019

India is not a 'tariff king' and it has all the right to take appropriate measures to protect the interest of specific sectors like agriculture, international trade experts have said.

WTO talks: Declaration on critical issues likely in 25 members nations' informal meet in May

WTO talks: Declaration on critical issues likely in 25 members nations' informal meet in May

Wed, Apr 17, 2019

As part of reforms at the WTO, the US wants the formulation of some guidelines that countries with high economic growth are prevented from taking benefits of S&D, which is meant for developing and poor nations.

Guatemala drags India to WTO's dispute mechanism over sugar subsidies

Guatemala drags India to WTO's dispute mechanism over sugar subsidies

Tue, Mar 26, 2019

After Brazil and Australia, Central American country Guatemala Monday dragged India into the World Trade Organisation's (WTO) dispute settlement mechanism alleging that New Delhi's sugar subsidies to farmers are inconsistent with global trade rules.

Govt working on bilateral trade pacts with more nations to push exports: Suresh Prabhu

Govt working on bilateral trade pacts with more nations to push exports: Suresh Prabhu

Mon, Jan 14, 2019

Prabhu, who is also the Civil Aviation Minister, said the United Arab Emirates and Saudi Arabia have decided to use India as a base for their food security. "This is happening at an interesting time because we just had made a policy for agriculture exports which has identified food items that can be exported," he said.

G-20 Summit endorses multilateral trade system, WTO reforms

G-20 Summit endorses multilateral trade system, WTO reforms

Sun, Dec 02, 2018

The G-20 Summit concluded here on Saturday, with members endorsing the multilateral trading system, and calling for reforms to the World Trade Organization (WTO), the global trade oversight bod

WTO sets up panel to resolve India-US renewable energy case; hearing soon

WTO sets up panel to resolve India-US renewable energy case; hearing soon

Fri, May 11, 2018

India had alleged that the measures of those American states are inconsistent with WTO's Agreement on Trade-Related Investment Measures and the Agreement on Subsidies and Countervailing Measures. They are inconsistent because they provide less favourable treatment to imported products vis-a-vis domestic products, and because the subsidies are contingent on the use of domestic over imported goods, India had stated in its application to WTO.

China hits back at US with 25% tariff hike on American products

China hits back at US with 25% tariff hike on American products

Wed, Apr 04, 2018

The Chinese Customs Tariff Commission of the State Council, in a retaliatory measure, decided to impose additional tariff of 25 per cent on 106 items of products under 14 categories worth USD 50 billion, the Ministry of Finance said in a statement. The date of implementation will depend on when the US government imposes the tariffs on Chinese products.

US drags China to WTO on discriminatory technology licensing requirements

Fri, Mar 23, 2018

The United States today dragged China to the World Trade Organisation, accusing it of unfair technology practices that run counter to the WTO rules. The US Trade Representative, Robert Lighthizer, filed a request for consultations with China at the WTO to address Beijing's discriminatory technology licensing requirements.

WTO chief makes rare warning of trade war over US tariff plan on steel, aluminium

WTO chief makes rare warning of trade war over US tariff plan on steel, aluminium

Fri, Mar 02, 2018

US tariff plan: Trump struck a defiant tone on Friday, saying trade wars were good and easy to win, after his plan for 25 percent tariffs on steel imports and 10 percent on aluminium triggered global criticism and a slide in world stock markets. The plan was criticised in a WTO committee as early as June last year, and has caused an international outcry since Trump confirmed he intended to go ahead this week.

Possible for India to be in top 50 on ease of biz index: FM

Possible for India to be in top 50 on ease of biz index: FM

Sat, Jan 27, 2018

Citing success achieved by India in Ease of Doing Business ranking, Jaitley said the country has moved ahead from 142 to 100th position in the last three years

Canada's WTO complaint against US could scuttle NAFTA: Expert

Canada's WTO complaint against US could scuttle NAFTA: Expert

Fri, Jan 12, 2018

The WTO revealed on Wednesday that Canada had filed a complaint last month accusing the US of unfairly imposing countervailing and anti-dumping duties, not only on Canadian softwood lumber but also on goods from many other countries.

WTO must incorporate emerging issues to remain relevant: Suresh Prabhu

WTO must incorporate emerging issues to remain relevant: Suresh Prabhu

Tue, Dec 19, 2017

The talks collapsed at last week's WTO 11th ministerial conference in Buenos Aires. The meeting ended without any declaration or substantive outcome with the US going back on its commitment to find a permanent solution to the public food stockholding issue, leaving India and other developing nations disappointed.

India 'deeply disappointed' over developments on food security

India 'deeply disappointed' over developments on food security

Wed, Dec 13, 2017

India today expressed "deep disappointment" over the decision of a "major member country" to renege on its commitment for a permanent solution to the public food stockholding issue at the ongoing ministerial conference of the World Trade Organisation (WTO).

WTO losing trade focus, too easy on some developing nations: US

WTO losing trade focus, too easy on some developing nations: US

Tue, Dec 12, 2017

US Trade Representative Robert Lighthizer, who has said he does not want major agreements out of the meeting, voiced concern that the WTO was becoming a litigation-centered organization.

India contact WTO for solving H1B issue

India contact WTO for solving H1B issue

Wed, May 31, 2017

India contact WTO for solving H1B issue. Watch this special segment and get to know more here.

Immediate need to synergise our efforts to boost exports, says Nirmala Sitharaman

Immediate need to synergise our efforts to boost exports, says Nirmala Sitharaman

Thu, Jan 05, 2017

Nirmala Sitharaman Minister of Commerce and Industry said that slowdown in world economy has resulted in decrease in India's exports.

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