Page 7 - Wto

Fearing WTO backlash, govt puts on hold textile PLI export targets

Govt officials say they are cautious as they don't want to be trapped in the WTO quagmire

Need assurance from India on investment protection: UKIBC's Richard Heald

In a Q&A, UKIBC's group chair lists out three areas that need focus - tariff reduction in some sectors, removal of non-tariff barriers on goods, and aligning data protection rules

US should strengthen multilateral institutions

The US should, as leading economic power, quickly rescue moribund WTO dispute settlement mechanism and work with other countries to come up with meaningful initiatives

Global merchandise trade continues robust recovery from pandemic shock: WTO

The global merchandise trade is continuing its robust recovery from the shock of the Covid-19 pandemic, according to the WTO's Goods Trade Barometer, which hit a record high in its latest reading

RoDTEP tax refund rates likely by Friday, says Commerce Secretary

The scheme will ensure that exporters receive refunds on the embedded taxes and duties previously non-recoverable

Covid-19 pandemic: WTO holiday from vaccine talks draws calls for action

Next week WTO delegates are planning to depart Geneva for their August break and, in doing so, pause their fractious debate over a proposal to waive intellectual-property protections for Covid shotS

Members pledged to conclude negotiations for fisheries subsidies soon: WTO

Member countries of the World Trade Organization have pledged to conclude the negotiations soon for the fisheries subsidies agreement, which would set new rules for the global fisheries industry

Irrational subsidies by many nations hurting Indian fishermen: Goyal at WTO

India said that it is 'very' keen to finalise an agreement on fisheries subsidies in the WTO as irrational benefits and overfishing by many countries are hurting domestic fishermen

Beijing sues Australia at WTO over tariffs in hit to strained ties

Beijing has responded with tariffs and restrictions on imports of coal, barley, lobsters and wine

Right time for India to resolve trade disputes with US

The Biden administration can now move forward to strengthen the WTO dispute settlement process by clearing the way for appointment of requisite number of members to its appellate body

Covid-related trade barriers rising, says WTO director general

One such measure is the European Union's export authorisation scheme for Covid-19 vaccines

Economic theory says inequality will rise as international trade grows

Robin Hoodism - robbing the rich to pay the poor - isn't consistent with either democratic ideals or trust in government

Japan files complaint against China in WTO over anti-dumping duties

Japan has filed a complaint with the World Trade Organization (WTO) over China's anti-dumping duties on their stainless steel products, saying tariffs of up to 29% violate international trade rules

Australian PM says WTO should punish Chinese economic coercion

The World Trade Organization should penalize bad behaviour when it occurs, Australia's prime minister said Wednesday ahead of a Group of Seven leaders' meeting in Britain

Powerful lobbying in US against India's Covid vaccine IP waiver push

While big pharma has vehemently opposed India's move on compulsory licensing, even non-pharma influencers such as Bill Gates are against sharing vaccine technology without patenting

Patent waiver not enough for vax rollout, expand production: WTO chief

Ngozi Okonjo-Iweala has argued in favour of expanding Covid-19 vaccine production and ending export restrictions, saying that getting a patent waiver would not be enough

Reaching consensus on Covid-19 vax patent waiver may take time: Experts

Developed nations opposed the proposal, though it received the support of three-fourths of member nations

Waiting for members to start talks on TRIPS waiver, tech transfer: WTO

The director-general also praised India for exporting vaccines to other countries.

US backs TRIPS waiver: More to the story than just vaccine patents

Patents for complex biologics like vaccines is often governed by multiple patents, which may be owned by different entities.

Price to production: Pros and cons of achieving Covid vaccine patent waiver

Manufacturers in emerging economies need to be supported with the technology to actually produce coronavirus vaccines.