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India has blocked China’s first request at the WTO to establish a dispute panel over New Delhi’s support measures for solar cells, modules, and IT products. The move came after bilateral consultations failed, with China alleging India’s tariffs and domestic preference policies discriminate against its exports.
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For AI to truly revolutionise global trade, inclusivity must be at the heart of its governance
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With this, India and USA have mutually resolved all the seven pending trade disputes at the World Trade Organization
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Notably, trade ministers from the US, the UK, China, Canada, Indonesia, Japan, EU, Republic of Korea, Turkiye, Saudi Arabia, France, Bangladesh, Egypt, Netherlands, Oman, Singapore and UAE will be attending the meeting
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Former Mastercard CEO inherits a corporate culture that makes the World Bank Group too inwardly focused and too slow to respond
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By Huw Thomas In what has been called the “biggest moment for workers’ rights in a quarter of a century”, the International Labour Organization (ILO) adopted a safe and healthy work environment as one of its five fundamental principles and rights at work for all at its June 2022 international conference. This is the first […]
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By Markus Wagner, Weihuan Zhou After decades of conflict that has neutered its work, the World Trade Organization looks to be back in business. Its highest decision-making body – a conference of ministers from the organisation’s 164 member nations – has just met for the first time since 2017. None of what the ministerial conference […]
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The Centre’s sudden decision to ban export of wheat reflects a knee-jerk reaction and may not be helpful in taming the soaring inflation. Only last month, Prime Minister Narendra Modi had told United States President Joe Biden in his inaugural address at the 2+2 ministerial meeting that if the World Trade Organization (WTO) allows India […]
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The Telangana government last month signed a Memorandum of Understanding (MoU), or more broadly a Mini-Free Trade Agreement, with the government of Thailand to explore trade and investment in key sectors. This is the first time that an agreement has been signed between the Ministry of Commerce of Thailand and a State government in India. […]
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The global trade body said prospects for a quick recovery in world trade have improved as merchandise trade expanded more rapidly than expected in the second half of last year.
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The temporary TRIPS waiver would allow countries and manufacturers to directly access and share technologies to produce vaccines and therapeutics without causing trade sanctions or international disputes.
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Trump later said that the US had the 'greatest economy ever' before the COVID-19 outbreak hit the country further. He also termed the virus "as an artificial horrible situation".
