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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…