World Trade Organisation

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ban on wheat, ban on broken rice, wheat export

India defends ban on wheat, broken rice exports at WTO

“As and when the situation improves, export restrictions can be lifted,” said an official.

September 23, 2022 05:30 IST

India has been able to secure favourable outcome at WTO after many years: Piyush Goyal

He was briefing the media after the conclusion of the 12th ministerial conference — the highest decision-making body of the…

June 17, 2022 21:53 IST

WTO members secure global deals on fisheries subsidies, Covid vaccines

WTO members secure global deals on fisheries subsidies, Covid-19 vaccines

India has been successful in introducing checks on illegal fishing, under-reporting or outside regulation — IUU (Illegal, Unreported and Unregulated)…

June 17, 2022 21:22 IST

Between 2017 and 2020, developing countries have lost potential tariff revenue of at least $50 billion only on the import of 49 digital products, Goyal said. About 95% of this revenue tariff loss is borne by the developing countries. By 2025, this potential revenue loss is estimated to be about $30 billion a year.

12th ministerial conference of WTO: India seeks review of moratorium on e-commerce tariffs

While small exporters of physical products like textiles, handloom, clothing, footwear, mainly based out of developing countries, are facing both…

June 16, 2022 04:45 IST

It says a lot about the extremely low expectations around MC 12 when the WTO Director-General, Ngozi Okonjo-Iweala, stated that “even landing one or two (deliverables) will not be an easy road.

Rocky path to Geneva: WTO ministerial is taking place amid low expectations for a successful outcome

MC 12’s deliberations were broadly around four main pillars plus, notably, WTO’s response to the pandemic, fisheries, agriculture, WTO reform…

June 16, 2022 04:15 IST

"That is the extent of disparity that is sought to be institutionalized, through the current fisheries text," he added. Goyal also wondered how a country that supports hundreds of millions of poor fishermen be made to accept the same de-minimis level as those advanced fishing nations that have only a few thousand fishermen.

India rejects unfair text on fishery subsidies at WTO

Highlighting that advanced nations with a fisherman population of few thousands shouldn’t be allowed to dictate terms to a country…

June 15, 2022 05:50 IST

G-33 members must work together for fair, balanced outcome at WTO: Piyush Goyal

Commerce and Industry Minister Piyush Goyal said the group has long been calling for an accessible and effective special safeguard…

June 12, 2022 20:03 IST

Key pillars of WTO should be retained while undertaking reforms: Official

An outcome of the issue is still uncertain as the member countries have not yet reached a consensus on the…

June 9, 2022 16:31 IST

The IPEF will help control the damage caused by the RCEP withdrawal as all IPEF members save India and the US—Australia, Brunei, Indonesia, Japan, South Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, and Vietnam—are signatories to the RCEP.

Indo-Pacific Economic Framework for Prosperity: What IPEF holds for India

The US intends to pursue, through this framework, exacting rules for the digital economy, including on cross-border data flows and…

June 4, 2022 04:15 IST

The source said that India is keen to finalize the fisheries agreement in the upcoming MC-12 because irrational subsidies and overfishing by many countries are hurting Indian fishermen and their livelihood.

WTO’s fisheries pact should provide space for equitable growth: Sources

India has highlighted that developing countries not engaged in distant water fishing should be exempted from overfishing subsidy prohibitions for…

May 25, 2022 18:06 IST

At the upcoming 12th WTO ministerial from June 12, New Delhi will also resist the bid by 70-80 countries led by Singapore to give binding commitment on exempting food items purchased by only the UN's World Food Programme (WFP) from any domestic restriction on exports. This group includes countries like the US, Canada and Australia.

India seeks easing of WTO food export rule

At present, WTO rules make it difficult for a country to export grains from official granaries if these have been…

May 24, 2022 02:50 IST

India wants WTO to allow food export from public stock for international food aid, humanitarian purposes

India wants the World Trade Organisation (WTO) to allow exports of food grains from public stocks for international food aid…

May 23, 2022 19:25 IST

The deal is necessary to ensure sustainable fishing and eliminate IUU (Illegal, Unreported and Unregulated) fishing dole-outs that have contributed to overcapacity and overfishing.

WTO members to hold talks on fishery subsidy from May 16

This ‘Fish Week’, said ambassador Santiago Wills of Colombia, who is chair of the negotiations, will be an opportunity for…

May 14, 2022 01:30 IST

Commerce and Industry Minister Piyush Goyal

India, EU to restart talks for trade pact in June

Commerce Secretary BVR Subrahmanyam said the EU team would visit India for talks immediately after the ministerial meeting of the…

April 13, 2022 21:19 IST

High export target: Commerce dept revamp on cards

Commerce & industry minister Piyush Goyal on Sunday chaired a meeting focused on “the revamping and fortification” of the department.

February 21, 2022 06:20 IST

Matters haven’t been helped by the fact that the WTO has had to postpone its Ministerial Conferences twice, once in June 2020, and then again in November 2021.

Priorities for global trade in 2022

Easing Covid-19 vaccine access for all—so far determined by bilateral deals and producer companies and facilities like Covax—must be the…

January 27, 2022 04:30 IST

The meeting, which is happening at the sidelines of the World Economic Forum summit in Davos, is called by Switzerland. (Reuters)

Key WTO members to hold virtual meet tomorrow to discuss reform measures, response to pandemic

Director-General of World Trade Organization (WTO) Ngozi Okonjo-Iweala is also participating in the deliberations.

January 20, 2022 16:56 IST

WTO convenes key meeting of trade ministers on July 15 on fisheries subsidies

WTO negotiations on fisheries subsidies were launched in 2001 at Doha, with a mandate to clarify and improve existing WTO…

June 13, 2021 13:11 IST

WTO members should start text-based talks on patent waiver proposal: India

A proposal was submitted by 62 co-sponsors — including India, South Africa, and Indonesia — seeking patent waivers to manufacture…

June 1, 2021 16:35 IST

Defying the Covid-19 pandemic: Buoyant exports of ‘core’ products signal trade edge

India’s exports of ‘core’ products, or goods excluding petroleum and gems & jewellery, have accelerated at a quicker pace than…

April 5, 2021 05:15 IST

Japan may seek WTO help to resolve India steel tariff dispute

Japan said it may ask the World Trade Organization (WTO) to help resolve a dispute related to India’s “safeguard” tariffs…

June 8, 2016 19:33 IST

Access to medicines: India’s strides since independence

Leena Menghaney, Regional Head, MSF Access Campaign, South Asia, in this article, explores milestones in policies that have had an…

January 20, 2016 07:40 IST

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