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Latest Articles in World Trade Organization WTO

Hectic Parleys To Begin From Sep 1 In WTO To Conclude Negotiations On Fisheries Subsidies Pact

The main aim of the second stage is to minimise differences and improve the negotiating text by making it more convergent.

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Failing To Ensure Wider Access To COVID Vaccines Could Undermine Global Eco Recovery: WTO Report

WTO is a Geneva-based 164-member multi-lateral body which frames global trade rules and adjudicates trade disputes among member nations. India has been a member since 1995.

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Fisheries Subsidies: WTO Chief Convenes Key Meeting Of Trade Ministers On Thursday

Unlike rich nations that provide billions of dollars of subsidies to their fishermen, India's subsidy amounts to only about Rs 770 crore.

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WTO Convenes Key Meeting Of Trade Ministers On July 15 On Fisheries Subsidies

India wants that fishing activities in territorial waters should be completely out of the ambit of the agreement, while adequate time should be given to implement commitments of the agreement in EEZs.

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Goyal Discusses Measures To Enhance COVID Vaccine Production With USTR

India's proposal on waiver of certain TRIPS provisions to increase global vaccine production in order to take on the challenge of vaccinating the poorest of the poor and save lives was also discussed

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Waiting For Members Start Negotiations On TRIPS Waiver, Tech Transfer: WTO Chief

India and South Africa submitted a proposal suggesting a waiver for all WTO members on the implementation of certain provisions of the TRIPS agreement in relation to the prevention, containment or treatment of COVID-19.

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Activists, Drug Groups In Waiver War Over COVID-19 Shot Patents

MSF has said countries could immediately scale up production, speeding deliveries to poorer nations that just now, via the COVAX vaccine-sharing scheme led by the GAVI vaccines alliance, are getting shots after wealthier nations were first in line.

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India Starts Probe Into Alleged Exports Subsidisation Of Aluminium Item By Malaysia

Under the global trade rules of the World Trade Organization (WTO), a member country is allowed to impose anti-subsidy to countervailing duty if a product is subsidised by the government of its trading partner.

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PM Johnson Says On Brexit: Still Problems, We'll Thrive Without A Deal

A Brexit trade deal would ensure that the goods trade which makes up half of annual EU-UK commerce, worth nearly a trillion dollars in all, would remain free of tariffs and quotas.

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EU To Win Right To Tariffs On $4 Billion In U.S. Goods In WTO Boeing Case

European sources have said the EU could also add tariffs on a further $4 billion of U.S. products left over from an earlier WTO case, giving it firepower similar to that Washington won in last year's WTO ruling.

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WTO Says Record Trade Plunge Could Have Been Worse

The Geneva-based body forecast in April that global trade in goods would fall by between 13% and 32% in 2020, numbers that the WTO chief described as "ugly", before rebounding by 21-24% in 2021.

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WTO's Goods Trade Index Hits Record Low Amid COVID Disruptions

The WTO estimated last month that world merchandise trade could decline between 13% and 32% this year, depending on the duration of the pandemic and the effectiveness of policy responses.

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