World Trade Organisation News

Tharoor emphasized that trade negotiations are still ongoing and expressed hope that the tariff barriers may be scaled down through diplomatic engagement. 

According to a WTO communication, these US safeguard measures would impact $7.6 billion worth of imports of Indian products, with an estimated duty collection of $1.91 billion.

The extension was made after Ngozi Okonjo-Iweala called on members to go the extra mile to find convergence on the various negotiations at the ministerial gathering.

Goyal said India traditionally has never been an exporter of grains. In sugar, India's total export was 10 million tonnes.

Anwar Hussain Shaik will replace Elisa Maria Olmeda de Alejandro from Mexico. Shaik will be the chair of TBT Committee. TBT Committee work involves two broad areas -- review of specific measures and strengthening implementation of the TBT Agreement.

In May this year, a revised proposal was submitted by 62 co-sponsors, including India, South Africa, and Indonesia. The agreement on TRIP came into effect in January 1995. On the sidelines of the G20 Trade Ministers Meeting, the minister held bilateral meetings with the Director General of the WTO, US, UK, EU, Brazil, China, Australia, South Africa, Indonesia, Canada, South Korea and Mexico.

A distinguishing feature of the Commonwealth is that it not just a network of governments, but a family of interconnected networks.

The US has alleged that India was providing substantial market price support for cotton well in excess of India's WTO spending limits.

Trump, who has previously criticized the WTO's dispute settlement system as being unfavorable to the US, said Washington had "rarely won a lawsuit" there although things began changing last year.

China has lodged a case against the United States over slapping import duties to the World Trade Organisation (WTO), its commerce ministry said on Friday.

China has lodged a case against the United States over slapping import duties to the World Trade Organisation (WTO), its commerce ministry said on Friday.

Commerce and Industry Minister Suresh Prabhu said global trade is facing one of the "toughest" times in the last forty years.

Filed on May 4, this is the first-ever COA notification under the WTO Agreement on Agriculture regarding another country's measures.

Since 2001, when China joined the World Trade Organisation, its economy has grown from USD 1 trillion of GDP to USD 12 trillion; roughly an 800 per cent growth rate.

Delegates from as many as 52 countries, including the US and China, are participating in the informal meeting of the WTO called by India amidst increasing protectionism in global trade.

As the US refused to engage, the 164-member World Trade Organisation (WTO) failed to reach a common ground for resolving the food security issue, a demand raised prominently by India.

India's attempts to find a permanent solution to the food stockpile issue at the 11th edition of the ministerial conference has hit a roadblock.

The minister was fielding questions over issues of special and differential treatment as raised by US Trade Representative Robert Lighthizer in his address at the plenary of the 11th ministerial conference of the WTO.

GES, organised by the ministry, provides a platform to explore market opportunities across the world and meet global counterparts.

US President Donald Trump had notified his Chinese counterpart Xi Jinping that the investigations could begin on Monday.