Wto Deal And India

Commerce and Industry Minister Piyush Goyal on Friday pitched for increasing efforts at the World Trade Organisation (WTO) for getting patent waivers for diagnostics and therapeutics used to deal with the Covid-19 pandemic.

India will press for a permanent solution to the issue of public stock holding of grains for food security programmes and strongly protect the interests of farmers and fishermen at the 12th ministerial meet of the World Trade Organization.

Negotiations between the United States and India to resolve a solar power trade dispute are continuing with no clear end in sight, the top US trade official said on Tuesday, signaling another likely delay in a World Trade Organization public ruling in the case.

India and the US are close to solving a 3-year old WTO dispute over domestic content requirement in India's solar power programme.

Hardening its stance in the ongoing WTO talks, India on Thursday strongly objected to the draft text on agriculture and said some countries are pushing for a deal on phasing out export subsidies with "some undue haste".

Direct contact between President Obama and Prime Minister Narendra Modi this month helped to end a deadlock that had prevented the World Trade Organization from implementing a $1 trillion package of reforms to global customs rules.

The World Trade Organization said on Friday there was a "high probability" that a major deal on streamlining global customs rules will be implemented within two weeks after India and the United States overcame a key impasse. "I would say that we have...

World Trade Organisation relieved as it had faced the possibility that the collapse of talks begun 13 years ago would lead to countries giving up on the WTOStalled global trade talks were given fresh impetus on Thursday when India and the United States...

India has not given any concessions to win America's backing on its stand for the World Trade Organization (WTO) deal, Commerce and Industry Minister Nirmala Sitharaman told NDTV on Friday.

US Secretary of State John Kerry told Prime Minister Narendra Modi on Friday that India's refusal to sign a global trade deal had sent the wrong signal, and urged New Delhi to work to resolve the row as soon as possible.

India threatened on Friday to block a worldwide reform of custom rules, which some estimates say could add $1 trillion to the global economy and create 21 million jobs, prompting a U.S. warning that its demands could kill global trade reform efforts.

India blocked an agreement on new global customs rules on Thursday, angering fellow members of the World Trade Organization who say New Delhi's veto could be costly, economically and politically.

India blocked an agreement on new global customs rules on Thursday, angering fellow members of the World Trade Organization who say Delhi's veto could be costly, economically and politically.

Hailing the trade facilitation agreement reached by the WTO members after hectic parleys, India Inc and exporters today said these will help developing countries like India to reduce transaction cost and improve competitiveness of domestic industry.

"It is a victory for the WTO and for the global community to have arrived at a mature decison," Mr Sharma told reporters. "We are more than happy. It is a great day. It is a historic day."

Commerce and Industry Minister Piyush Goyal on Friday pitched for increasing efforts at the World Trade Organisation (WTO) for getting patent waivers for diagnostics and therapeutics used to deal with the Covid-19 pandemic.

India will press for a permanent solution to the issue of public stock holding of grains for food security programmes and strongly protect the interests of farmers and fishermen at the 12th ministerial meet of the World Trade Organization.

Negotiations between the United States and India to resolve a solar power trade dispute are continuing with no clear end in sight, the top US trade official said on Tuesday, signaling another likely delay in a World Trade Organization public ruling in the case.

India and the US are close to solving a 3-year old WTO dispute over domestic content requirement in India's solar power programme.

Hardening its stance in the ongoing WTO talks, India on Thursday strongly objected to the draft text on agriculture and said some countries are pushing for a deal on phasing out export subsidies with "some undue haste".

Direct contact between President Obama and Prime Minister Narendra Modi this month helped to end a deadlock that had prevented the World Trade Organization from implementing a $1 trillion package of reforms to global customs rules.

The World Trade Organization said on Friday there was a "high probability" that a major deal on streamlining global customs rules will be implemented within two weeks after India and the United States overcame a key impasse. "I would say that we have...

World Trade Organisation relieved as it had faced the possibility that the collapse of talks begun 13 years ago would lead to countries giving up on the WTOStalled global trade talks were given fresh impetus on Thursday when India and the United States...

India has not given any concessions to win America's backing on its stand for the World Trade Organization (WTO) deal, Commerce and Industry Minister Nirmala Sitharaman told NDTV on Friday.

US Secretary of State John Kerry told Prime Minister Narendra Modi on Friday that India's refusal to sign a global trade deal had sent the wrong signal, and urged New Delhi to work to resolve the row as soon as possible.

India threatened on Friday to block a worldwide reform of custom rules, which some estimates say could add $1 trillion to the global economy and create 21 million jobs, prompting a U.S. warning that its demands could kill global trade reform efforts.

India blocked an agreement on new global customs rules on Thursday, angering fellow members of the World Trade Organization who say New Delhi's veto could be costly, economically and politically.

India blocked an agreement on new global customs rules on Thursday, angering fellow members of the World Trade Organization who say Delhi's veto could be costly, economically and politically.

Hailing the trade facilitation agreement reached by the WTO members after hectic parleys, India Inc and exporters today said these will help developing countries like India to reduce transaction cost and improve competitiveness of domestic industry.

"It is a victory for the WTO and for the global community to have arrived at a mature decison," Mr Sharma told reporters. "We are more than happy. It is a great day. It is a historic day."