Page-2 of developing countries
US stops WHO funding
On April 15, 2020, the United States stopped its funding towards World Health Organization (WHO). The United States provides 400-500 million USD to the organization annually. Highlights The American President Donald Trump was threatening the world organization that the United ..
Month: Current Affairs - April, 2020
US removed “Developing” Tag for India: What are its implications?
Recently, the United States of America removed the “developing” tag for dozens of countries. India is one amongst them. These countries are to be classified as developed economies Highlights The “Developing” status for a country in the US is associated ..
Month: Current Affairs - February, 2020
UNCTAD releases Global investment Trend report: India among top 10 recipients of FDI
On January 20, 2020, the United Nation Conference on Trade and Development released its report on Global Investment Trend Monitor Report for the year 2019. The Global FDI of the year 2019 was 1.39 trillion USD. This has declined by ..
Month: Current Affairs - January, 2020
US to end preferential trade terms Under GSP for India
The US President Trump has terminated India’s designation as a beneficiary developing nation under the Generalized System of Preference (GSP) trade programme. Why did the US Withdrew? The US has stated that: India did not assure the US that it ..
Indian Proposal to Halt Waste Dumping Defeated
A proposal moved by India to prevent developed countries from dumping their electronic and plastic waste onto developing countries was defeated at the meeting of the Basel Convention in Geneva. The breakthrough was made through an amendment to the Convention ..
India seeks to push reforms at WTO
The Ministry of Commerce and Industries is arranging a mini-ministerial meeting of developing countries on May 13-14 to discuss the future of the multilateral body, World Trade Organisation (WTO) and the development agenda. India is expected to invite close to ..