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A view of the entrance of the headquarters of the World Trade Organization (WTO) in Geneva, Switzerland. | Photo Credit: AP Brazil has requested consultations with the U.S. under the World Trade Organization’s dispute settlement system over tariffs announced by the Trump administration this month, the Brazilian Foreign Relations Ministry said in a statement on…
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Scott Wang, Vice President, Asia Pacific, for the World Trade Centers Association. Photo: Special Arrangement The increasingly inward looking attitude of countries around the world didn’t happen overnight, and is a result of the unequal growth that emerged from the ‘golden’ period of globalisation in the 1990s and 2000s, according to Scott Wang, Vice President,…
Union Minister of Commerce & Industry Piyush Goyal. File | Photo Credit: PTI Commerce and Industry Minister Piyush Goyal has exuded confidence that during this fiscal, the country’s goods and services export numbers will be at the same level; as it was last year despite slowdown and uncertainties in the global trade. He also said…
Delegates attend the 13th WTO ministerial conference in Abu Dhabi, United Arab Emirates. File | Photo Credit: Reuters The talks at the WTO’s ministerial conference ended with no decision on key issues such as finding a permanent solution to public food stockpile and on curbing fisheries subsidies that lead to over-capacity and over-fishing, sources said….
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February 26, 2024 11:59 am | Updated 11:59 am IST – Abu Dhabi, United Arab Emirates The world’s trade Ministers gathered in the U.A.E. on February 26 for a high-level WTO meeting with no clear prospects for breakthroughs, amid geopolitical tensions and disagreements. The World Trade Organisation’s (WTO’s) 13th ministerial conference (MC13), scheduled to run…
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India has already imposed anti-dumping duty on several products to tackle cheap imports from various countries, including China. (Representational image only.) | Photo Credit: The Hindu India has initiated an anti-dumping probe into imports of certain solar glass from China and Vietnam, following a complaint by domestic players. The Commerce Ministry’s investigation arm Directorate General of…
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Maintaining high import duties on sensitive agricultural commodities like rice and resisting pressure to open up the domestic sector to low tariffs will be crucial for preserving India’s self-sufficiency and ensuring food security for its population, a report said on January 1. Economic think tank GTRI (Global Trade Research Initiative) in its report said that…
