Page-10 of International Trade
Russia formally joins WTO
After 18 years of negotiations Russia has finally become a formal member of the World Trade Organisation(WTO). Russia is ready to cut import tariffs on goods, including food and cars and to ease controls on foreign companies entering its financial ..
Month: Current Affairs - August, 2012
India, Bangladesh for Fast Track Implementation of Various Pacts
India and Bangladesh decided to speedily implement various agreements signed b/w them in 2010 and 2011. The various agreements are related to projects under the Indian line of credit, land boundary agreement implementation, trade facilitation measures, infrastructure development of land ..
Month: Current Affairs - August, 2012
India leaves China behind in export growth rate: WTO
India is now ahead of China in terms of exports growth rate. It registered an increase of 16.1% in 2011. The country is at the pinnacle in the list of all major trading countries in the world. As per the ..
Month: Current Affairs - July, 2012
EU intensifies arms embargo & sanctions against Syria
The European Union intensified arms embargo and sanctions against the Syria government in reaction to rising violence in the country. The 27-member Union adopted the conclusion according to which vessels and aircraft heading to Syria will be inspected if it ..
Month: Current Affairs - July, 2012
China now relies on American exports
A deteriorating Chinese economy, affected by a further slowdown, has become a cause of concern for the United States officials and the two presidential campaigns, as Chinese companies is showing grater dependence on exporting to the American market. What is ..
Month: Current Affairs - July, 2012
U.S. takes China to WTO on dumping row
The US-China trade pettifoggeries might now be an eternal issue at the WTO as US announced that it would be “challenging China’s imposition of antidumping and countervailing duties on more than $3 billion in exports of American-produced automobiles”. The U.S. ..
Month: Current Affairs - July, 2012