WTO India

The WTO's 12th ministerial conference in June had decided to reinvigorate the ongoing work programme on e-commerce

Goyal said if multilateralism was imperilled, the world will not be left with many fora to promote dialogue and diplomacy

There is no meeting ground between politics which is looking at the elections this year, and economics, which is looking at the next decade

Business Standard brings you the top headlines at this hour

Some experts see significant positives, other believe problems associated with older policy will persist

Commerce and industry minister Piyush Goyal on Monday said TRIPS waiver for five years agreed in the recently concluded WTO will help countries manufacture Covid vaccines to deal with the pandemic.

TMSEp197: WTO report card, Ashish Khanna, Crypto markets, RBI's MPC

Was WTO meet success for India? What does Ashish Khanna of Tata Power say about our renewable energy target? Will the crypto carnage continue? How does MPC function & what's its mandate? Answers here

Was WTO meet a success for India?

Union minister of commerce and industry Piyush Goyal called the WTO meeting a "spectacular success" for India. But experts insist that it was a mixed bag. So what exactly happened in Geneva this time?

Piyush Goyal said perhaps this was the first ministerial where India set the agenda. "We were on the front foot. We were telling other countries what needs to be done"

Pushes for reforms in appellate body, which is currently non-functional

The package of measures, which the WTO is negotiating here, must include the patent waiver proposal of India and South Africa as it would help in dealing with multiple issues Goyal said on Monday.

India will make a pitch for finding a permanent solution to the issue of public stockholding for food security in the WTO meet in Geneva starting June 12, an official said. Besides, issues including agri subsidies and World Food Programme will be on the agenda of the 12th ministerial conference, the highest decision making body of the 164-member World Trade Organization (WTO), the official said. For the meeting, the Indian team will be led by Commerce and Industry Minister Piyush Goyal. "Finding permanent solution to public stockholding will be our key demand," the official added. Under global trade norms, a WTO member country's food subsidy bill should not breach the limit of 10 per cent of the value of production based on the reference price of 1986-88. As part of permanent solution, India has asked for things like amendments in the formula to calculate the food subsidy cap and inclusion of programmes implemented after 2013 under the ambit of 'Peace Clause'. As an interim measu

The 12th ministerial conference, the highest decision-making body of the WTO, is scheduled to meet on June 12-15 in Geneva

As cumulative experience should teach us, fuzzy approaches have costs, so the homework has to be done before signing of contracts, not after, writes T N Ninan

Many service providers complained that the processes for applying and obtaining the licenses are not clear in many countries

India believes that the draft text on agriculture is "completely imbalanced"

India and South Africa had submitted a joint proposal for waiving some sections of the TRIPS agreement

On the table for a two-day meeting of a WTO panel is a revised proposal by India and South Africa for a temporary IP waiver on Covid vaccines

India on Friday expressed hope for an early decision in the WTO on a proposal of India and South Africa for a temporary waiver of certain intellectual property rights provisions in the TRIPS agreement

India said temporary waiver of certain provisions of intellectual property rights under a WTO agreement would be an important step to enable scaling up of Covid-19 vaccines manufacturing