Tag: WTO

17 Results

  • Trump’s trade terms

    Trump’s trade terms

    The current foreign trade crisis has a faint silver lining. With China hamstrung because of the coronavirus scare, the present disruption can be an opportunity to expand our foreign trade, but only if we realise that the Indian economy is now strong enough to play a proactive role in world trade. Instead of fretting at being excluded from the list of developing countries, we should start behaving like a developed country, by taking on the US and China at their own game

    February 27, 2020
  • CPM asks Modi government not to ‘succumb’ to US agenda

    CPM asks Modi government not to ‘succumb’ to US agenda

    The party said the US agenda will most adversely affect the interests of Indian farmers and agriculture, in particular the dairy and poultry sectors.

    February 24, 2020
  • India, Brazil ink 15 accords; pledge to achieve $15 billion bilateral trade target by 2022

    India, Brazil ink 15 accords; pledge to achieve $15 billion bilateral trade target by 2022

    The agreements were signed after wide-ranging talks between Prime Minister Narendra Modi and Brazil President Jair Messias Bolsonaro, who will be the chief guest at the Republic Day parade on Sunday.

    January 25, 2020
  • India paid about Rs 33 cr as advance payment to WTO for 2020

    India paid about Rs 33 cr as advance payment to WTO for 2020

    Other than receiving income for its annual budget, the WTO also manages a number of trust funds, which have been contributed by members.

    January 20, 2020
  • Piyush Goyal to lead Indian delegation to WEF 2020, participate in WTO ministerial

    Piyush Goyal to lead Indian delegation to WEF 2020, participate in WTO ministerial

    The minister will participate in the WEF along with Union Minister of State for Shipping and Chemical and Fertilizers, Mansukh L Mandaviya and Chief Ministers of Karnataka and Madhya Pradesh, Finance Minister of Punjab and the IT Minister of Telangana, an official communique said today.

    January 18, 2020
  • India, China no longer ‘developing nations’, ‘taking advantage’ of WTO status: Donald Trump

    India, China no longer ‘developing nations’, ‘taking advantage’ of WTO status: Donald Trump

    The US and China are currently engaged in a bruising trade war after Donald Trump imposed punitive tariffs on Chinese goods and Beijing retaliated.

    August 14, 2019
  • Keep WTO relevant

    Keep WTO relevant

    It is high time for member-states to unite and adopt corrective measures and halt the WTO from losing its relevance. The member-states should immediately strike a deal on the vital issues of the dispute settlement mechanism, thereby averting the acute danger of the WTO falling apart. Failure of the WTO would be a severe shock not only to the multilateral trading system but also to the global economy as a whole.

    July 31, 2019
  • India to impose retaliatory customs duties on 29 US items from June 16

    India to impose retaliatory customs duties on 29 US items from June 16

    The government had on June 21, 2018, decided to impose these duties in retaliation to the US decision of significantly hiking customs duties on certain steel and aluminium products.

    June 15, 2019
  • Patented knowledge~I

    Patented knowledge~I

    At the summit-level negotiations of WTO, India upped the ante to protect its food security, even as the US refused to agree to the demands of developing nations on the issue. Initially, India was bargaining hard for improving an already available mechanism that safeguards government purchase of staple foodgrain from low-income and resource poor farmers at subsidised prices for stockpiling, and then distributing them to the country's economically weak.

    March 20, 2019
  • Safeguard duty on steel: India appeals against WTO’s panel ruling

    Safeguard duty on steel: India appeals against WTO’s panel ruling

    The issue pertains to a case filed by Japan in December 2017 against India's decision to impose safeguard duty on some iron and steel products.

    December 26, 2018
  • Australia goes to WTO over India’s sugar subsidy scheme

    Australia goes to WTO over India’s sugar subsidy scheme

    The row kicked off on September 27 when the Indian government announced a $1 billion sugar subsidy scheme in addition to a previous round of domestic industry assistance.

    November 16, 2018
  • US President Donald Trump threatens to pull US out of WTO

    US President Donald Trump threatens to pull US out of WTO

    Donald Trump, who has been pushing protectionist policies, says that the United States is treated unfairly by the body.

    August 31, 2018
  • Trade wars and international law

    Trade wars and international law

    The self-defining nature of the national security exception and its subjective reading suggests that the WTO may not have the requisite jurisdiction to determine the legality of the measures taken by the US against China, say Joyeeta Banerjee and Rajdeep Banerjee

    August 2, 2018
  • Trade War… Not quite yet

    Trade War… Not quite yet

    The US and China, the two top trading countries of the world, are seemingly poised to wage a trade war by imposing tariffs and counter-tariffs on their respective import of different commodities and thus distort the concept of free trade as enunciated by the WTO. The move gained momentum with President Trump announcing tariffs on …

    July 19, 2018
  • Donald Trump denies pulling out of WTO; says it treats US ‘very badly’

    Donald Trump denies pulling out of WTO; says it treats US ‘very badly’

    President Donald Trump has denied that he is planning to withdraw the US from the World Trade Organisation, but accused the global trade body of treating America “very badly”. Trump’s remarks came amid reports that he has told his top officials that he wants to withdraw the US from the WTO. “We’ve been treated very …

    June 30, 2018
  • India facing real challenge at WTO: Suresh Prabhu

    India facing real challenge at WTO: Suresh Prabhu

    With the US going back on its commitment to finding a permanent solution to the public food stockholding issue, India is facing a “real challenge” at the World Trade Organisation, Union minister Suresh Prabhu said on Thursday. “For the first time, the country is seeing a real challenge at WTO and the global trading system …

    June 21, 2018
  • US auto tariffs would breach WTO rules: EU

    US auto tariffs would breach WTO rules: EU

    The EU said any unilateral US auto tariffs based on national security would be against World Trade Organization rules after President Donald Trump launched a probe into American vehicle imports, raising the stakes for the bloc as it bids for waivers from White House levies on steel and aluminum. Trump has demanded a reduction in …

    May 24, 2018