"world-trade-organisation"

The Ministry of External Affairs clarified that there is no proposal for a common BRICS currency at present, though discussions on trade in local currencies continue. MEA official Sudhakar Dalela highlighted that local currency settlements can reduce transaction costs and complement global payment systems.

India has revised its WTO proposal to impose retaliatory duties on US goods after the US hiked tariffs on steel and aluminium to 50 per cent

Unlearning and combating destructive patterns will facilitate women to dive into a new phase of life with inner strength

The members should agree and adopt a decision on SSM by the 14th WTO Ministerial Conference (MC), it said.

Nirmala Sitharaman further said that the World Bank and International Monetary Fund (IMF) are also holding a roundtable on Global Sovereign Debt.

Outdated laws, lack of infrastructure and awareness are holding India back from applying stringent food safety measures