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world trade organization
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'Disappointed': WTO chief Okonjo-Iweala on EU vaccine export restrictions
Reuters |
PUBLISHED ON MAR 23, 2021 09:24 PM IST
Under the scheme, companies must get authorisation before exporting Covid-19 shots and may have export requests denied if they do not respect their supply commitments with the EU.
China rakes up India’s ban on apps, FDI curbs at WTO
By Asit Ranjan Mishra
PUBLISHED ON MAR 09, 2021 05:57 AM IST
- China said it acknowledges India’s efforts to enhance competitiveness in manufacturing and services sectors through ‘Make In India’ and ‘Digital India’ initiatives but remains concerned that some of the measures are not consistent with WTO principles.
Countries urge WTO to destroy US intellectual rights on any Covid-19 innovations
PTI |
PUBLISHED ON MAR 06, 2021 01:14 PM IST
In the letter, Senators Mike Lee, Tom Cotton, Joni Ernst and Todd Young urged Biden to reject the upcoming proposal at the WTO.
New WTO chief pushes for vaccine access, fisheries deal
AP | | Posted by Harshit Sabarwal
PUBLISHED ON MAR 01, 2021 11:41 PM IST
Director-General Ngozi Okonjo-Iweala, a Nigerian economist and former government minister, donned a mask and doled out welcoming elbow bumps as she took up her job at WTO headquarters on the banks of Lake Geneva.
WTO's first female director-general arrives for 1st day on job
AP |
PUBLISHED ON MAR 01, 2021 03:57 PM IST
- Ngozi Okonjo-Iweala, 66, a Nigerian economist and former government minister, donned a mask as she made brief comments to reporters on way into the imposing building on the shores of Lake Geneva on Monday.
African Union backs India's call to waive IP rights on Covid-19 drugs
Reuters |
PUBLISHED ON FEB 25, 2021 05:42 PM IST
South Africa and India, which both manufacture drugs and vaccines, made the proposal at the WTO last year, arguing that intellectual property rules were hindering the urgent scale-up of vaccine production and provision of medical products to some patients.
57 countries back India's demand for IPR waiver on Covid-19 vaccine: Goyal
By hindustantimes.com | Edited by Ayshee Bhaduri
PUBLISHED ON FEB 25, 2021 02:49 PM IST
- In October of last year, India and South Africa proposed a TRIPS waiver for all WTO members to allow greater access to affordable Covid-19 healthcare facilities
WTO may consider India's proposal regarding IPR waiver on Covid-19 vaccines
ANI |
PUBLISHED ON FEB 25, 2021 10:43 AM IST
If India succeeds in getting the proposed waiver of the agreement on TRIPS, it will reduce the cost of vaccines substantially and enable free flow of medicines, easy technology transfer across the world.
EU to push for greener trade policy, reform at WTO
AFP |
PUBLISHED ON FEB 18, 2021 06:35 PM IST
"Trade policy must fully support the green and digital transformations of our economy and lead global efforts to reform the WTO," EU Executive Vice President Valdis Dombrovskis said.
Ngozi Okonjo-Iweala, new WTO head 'loved' despite mixed record
AFP |
PUBLISHED ON FEB 15, 2021 08:53 PM IST
The development economist spent a quarter-century at the World Bank, rising to be managing director and running for the top role in 2012.
Nigeria's Ngozi Okonjo-Iweala makes history as head of WTO
Reuters |
PUBLISHED ON FEB 15, 2021 08:43 PM IST
A self-declared "doer" with a track record of taking on seemingly intractable problems, Okonjo-Iweala will have her work cut out for her at the trade body.
South Korea's trade minister drops bid to become WTO chief
AP |
PUBLISHED ON FEB 05, 2021 03:31 PM IST
South Korea’s Ministry of Trade, Industry and Energy said in a news release Friday that its minister for trade, Yoo Myung-hee, will soon tell the WTO she is withdrawing her candidacy.
China set to exceed WTO quota in biggest US corn buying spree
Bloomberg |
PUBLISHED ON JAN 29, 2021 11:00 PM IST
The US was already scheduled to ship another 5.9 million tons of corn to China this season before the 6 million-ton purchase this week, USDA data showed. That’s higher than the WTO quota of 7.2 million tons for a calendar year.
UK, EU reach post-Brexit trade deal to avert chaotic New Year’s split
Brussels | By Associated Press | Posted by Kunal Gaurav
UPDATED ON DEC 24, 2020 08:43 PM IST
The breakthrough came Thursday with just over a week to go until the UK’s split is completed.
Australian PM says China coal ban would breach WTO rules
Canberra | By Associated Press | Posted by Arpan Rai
UPDATED ON DEC 15, 2020 04:30 PM IST
Prime Minister Scott Morrison was replying to a report in China’s state-owned Global Times newspaper that said Beijing’s main planning agency had given power plants approval to import coal without restrictions, except for Australian coal.
China says India’s latest app ban order violates WTO rules
Hindustan Times, New Delhi | By Rezaul H Laskar
UPDATED ON NOV 25, 2020 01:14 PM IST
Chinese embassy spokesperson Ji Rong said the Chinese government has always required that overseas Chinese companies “abide by international rules, operate in compliance with laws and regulations and conform to public order and good morals”
There is a shift in global trade. But 2020 is not 1930 or 2008 | Analytics
By Manoj Pant
UPDATED ON NOV 16, 2020 07:36 PM IST
The current trade crisis is completely exogenous, driven by government action and the fear of the unknown which has separated buyers from sellers
Swadeshi Jagran Manch backs India on waiver of intellectual property provisions
Hindustan Times, New Delhi | By Smriti Kak Ramachandran
PUBLISHED ON OCT 07, 2020 10:37 AM IST
In the communication to WTO, India and South Africa said there were several reports about intellectual property rights hindering the timely provisioning of affordable medical products to Covid-19 patients
US broke trade rules by putting tariffs on China, finds WTO
Geneva/Brussels | By Reuters | Posted by Shivani Kumar
UPDATED ON SEP 16, 2020 07:50 AM IST
The Trump administration says its tariffs imposed two years ago on more than $200 billion in Chinese goods were justified because China was stealing intellectual property and forcing US companies to transfer technology for access to China’s markets.
Airbus offers ‘final’ concession to ease jet subsidy dispute
Paris | By Reuters| Posted by: Harshit Sabarwal
PUBLISHED ON JUL 24, 2020 12:29 PM IST
Airbus said it had agreed to pay higher interest rates on government loans it received from France and Spain to help develop its A350 jet, which entered service in 2015.
WTO to open nominations for next director on June 8
Geneva | By Agence France-Presse | Posted by: Prashasti Singh
PUBLISHED ON MAY 21, 2020 06:38 AM IST
After July 8, candidates will be invited to meet with WTO members, the World Trade Organization said in a statement Wednesday after a decision by its 164 members.
To mitigate the crisis, rethink role of regulators
By Vivan Sharan
UPDATED ON MAR 24, 2020 11:01 PM IST
Before any intervention, they must demonstrate its economy-wide impact on jobs and investments
The global trading regime takes another knock
Hindustan Times | By HT Correspondent
UPDATED ON DEC 10, 2019 06:28 PM IST
The collapse of WTO’s appellate tribunal is a reflection of the larger crisis in trade
WTO’s appellate body may die. Global trade will be hit
By Jay Manoj Sanklecha
PUBLISHED ON DEC 03, 2019 06:19 PM IST
Expect member-states to increasingly pander to domestic interests and adopt protectionist policies
Govt may impose 25 % safeguard duty on imports of single-mode optical fibre
New Delhi | By Press Trust of India
UPDATED ON NOV 08, 2019 08:11 AM IST
The Directorate General of Trade Remedies (DGTR) , the ministry’s investigation arm, initiated the probe in September following a complaint from the domestic industry.
‘In line with WTO rule’: Govt sources rebut Trump’s ‘high tariff’ charge
New Delhi | By Reuters
UPDATED ON JUN 27, 2019 11:44 AM IST
India’s tariffs are in line with the World Trade Organization rules, the government sources said, adding that US tariffs on some items were much higher than India’s.
Japan takes India to WTO over mobile phone import duties
Reuters | By Reuters
UPDATED ON MAY 14, 2019 10:33 PM IST
Japan’s complaint, the first step in a legal dispute, said India had sought to foster domestic production by adjusting various taxes including customs duties, especially since it launched the “Make in India” campaign in September 2014.
India must step in to prevent trade conflicts
Hindustan Times | By HT Correspondent
PUBLISHED ON FEB 11, 2019 07:23 PM IST
Washington seems blind to the fact that in the run-up to a tightly contested national elections, New Delhi would find it politically more expedient to exchange blows than come to a settlement that could be criticised by the opposition
India imposed anti-dumping duty on 99 Chinese products as on Jan 28: Commerce ministry
New Delhi | By Press Trust of India
UPDATED ON FEB 04, 2019 03:24 PM IST
Chinese products on which the duty was imposed include chemicals and petrochemicals, fibres and yarn, machinery items, pharmaceutical, rubber and steel items, he said.
Trade war will produce ‘no winners,’ Chinese President Xi Jinping tells leaders, amid growing dispute with US
By Bloomberg
UPDATED ON NOV 17, 2018 11:41 AM IST
China’s President Xi Jinping said a trade war will produce “no winners” and called for nations to uphold a rules-based order led by the World Trade Organization.
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