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Latest Articles in World Trade Organization WTO
Global Trade Forecast Cut To 1% For 2023 By WTO
As per a recent World Trade Organization forecast, world trade growth is expected to slow down and reach one per cent in 2023. The reason attributed for this is global uncertainties.
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WTO Strikes Global Trade Deals Deep Into Overtime
The deals were ground out over five days of bargaining at a conference of more than 100 trade ministers that was seen as a test of the ability of nations to strike multilateral trade deals amid geopolitical tensions heightened by the Ukraine war
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India To Push For Patent Waiver For Covid Vaccines At World Trade Body
A year after India and South Africa introduced a proposal to temporarily waive intellectual property rights on COVID-19 vaccines and therapies at the WTO, negotiations are deadlocked in the face of opposition from some developed countries.
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WTO Estimates Global Merchandise Trade Volume Growth At 10.8% In 2021
Growth should moderate as merchandise trade approaches its pre-pandemic long-run trend and supply-side issues such as semiconductor scarcity and port backlogs may strain supply chains and weigh on trade in particular areas
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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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