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Union Commerce Minister Piyush Goyal in his two-day visit to Brussels to attend the first ministerial meeting of the India-European Union Trade and Technology Council (TTC)

WTO Chief Calls For Global Carbon Price, Reforms To Tariffs, Red Tape To Clean Supply Chains

The World Trade Organisation (WTO) is working with the World Bank, Organisation for Economic Co-operation and Development (OECD) and International Monetary Fund to streamline carbon pricing

Beijing Launches WTO Dispute Over US Chip Ban To China

China's Ministry of Commerce accused the US on Monday of “obstructing normal international trade in products such as chips and endangering the stability of the global industrial supply chain,” as well as violating international trade rules and engaging in “protectionist practises”

Global Trade Growth To Slowdown Next Year: WTO

The decline in the index might be attributable to the conflict between Ukraine and Russia

Advancing Low-Carbon Technologies Are Most Realistic Way To Reduce Emissions: WTO

The World Trade Organisation relaesed its annual report at the COP27 climate summit in Egypt and said removing trade barriers for low-carbon industries could help in tackling climate change

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.

Govt Pitches For 25-yr Exemption From Subsidy Cuts On Distant Water Fishing

Fishing beyond 200 nautical miles (370 km) from the seashores of a country is called distant water or high sea fishing

WTO MC 12 Meeting: Here Are The Major Outcomes

Goyal also admitted that India and the developing countries accepted certain compromising decisions when the WTO was established 30 years ago and during the Uruguay round of negotiations

'Last Few Tweaks' Being Made To Covid IP Waiver Deal: WTO Chief

Pressure from civil society groups has been rising for the parties — the US, the EU, India and South Africa — to walk away from the deal

WTO Reduces Global GDP Growth To 2.8% In 2022

WTO has issued a report as per which the global GDP has been cut to 2.8 per cent which earlier was 4.1 per cent

India Appeals Against WTO Dispute Panel Ruling On Sugar Subsidies

Companies & Markets

The panel in its ruling on December 14, 2021, recommended India to withdraw its alleged prohibited subsidies under the Production Assistance, Buffer Stock, and Marketing and Transportation Schemes within 120 days from the adoption of this report.

India Wants To Include TRIPS Waiver Package In WTO’s Covid-19 Response Package

India is disappointed over no progress on TRIPS waiver to deal with the Covid-19 pandemic.

Goyal Reiterates Call For IPR Waiver At WTO To Fight COVID-19

In May, a revised proposal was submitted by 62 co-sponsors, including India, South Africa, and Indonesia. The TRIPS agreement came into effect in January 1995.

Govt Appoints Private Person Aashish Chandorkar As Director At India's WTO Mission