For this year, the downside risks again outweigh the upside potential
OECD is trying to forge new global agreement on taxing technology and digital giants which often declare their income in low-tax jurisdictions, depriving other countries of billions in revenue
The WTO's quarterly outlook indicator, comprising seven trade parameters, stood at 96.3, the lowest since March 2010 and down from 98.6 in November
The US expects a robust discussion on how India implements and notifies its policies at the next COA meeting
According to Wolff, there has been plenty of lip service paid over the years to a multilateral trading system and very little investment in it
India should closely watch China-focused reform
Further, the US has raised concerns with the timelines for appellate proceedings
In June, the US imposed a duty of 25 per cent on steel imports and a 10 per cent on aluminium imports from Mexico, Canada and the EU, among other regions
India is failing to make a case for its protectionist turn
The United States and China, which are locked in an escalating tariff war that is threatening the WTO's foundations, were not invited to the meeting to discuss reform ideas
WTO said that escalating trade tensions and tighter credit market conditions in important markets will slow trade growth for the rest of this year and in 2019
India had imposed safeguard duty of up to 25% on solar cells imports from China and Malaysia for two years to protect domestic players from a steep rise in inbound shipments
The minister made a case for working together for enhancing confidence in international trade through dialogue and collaborations
Trade in commercial services fully recovered in 2017, with 8% growth in 2017
India's export promotion schemes need a rethink
Instead of insisting on both goods and services trade liberalisation to be taken up simultaneously, India should adopt a more pragmatic approach
Donald Trump has warned he may ultimately impose tariffs on more than $500 billion worth of Chinese goods
Last month, the US dragged India to the WTO's dispute settlement mechanism over export subsidies, saying that these incentives were harming the American companies
About 40 WTO member countries are expected to participate in the meeting
Even after hectic parleys, the member nations failed to break an impasse over the public food stockholding issue on the fourth and final day of the ministerial conference.