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Current Affairs

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Page-3 of Topic: International Trade

India focus country in Turkey’s Izmir International Trade Show

India was the focus country of 87th Izmir International Trade Show held in Izmir, third most populous city in Turkey, after Istanbul and Ankara from 7th to 11th...

September 12, 2018

UNSC adopts Resolution 2428 to impose an arms embargo on South Sudan

The United Nations Security Council (UNSC) has adopted a resolution 2428 (2018) to impose an arms embargo on South Sudan. The measure will stop the flow of weapons...

July 15, 2018

India to provide tariff concessions on 3,142 items to APTA members

India has agreed to provide tariff concessions on 3,142 products to Asia Pacific Trade Agreement (APTA) members, from July 1, 2018. The tariff concessions are implementation of results...

July 3, 2018

China imposes additional duties on US $50 billion worth of American products

China in tit-for-tat action has imposed additional tariffs and duties on $50-billion worth of American products. It comes after US President Donald Trump slapped stiff 25% tariff on...

June 17, 2018

Draft agri-export policy : Key Features

A draft Agri Export Policy has been released by the Commerce Ministry. The National Agriculture Export Policy is being formulated in line with the vision to double the...

May 21, 2018

Trade Facilitation Agreement

The government had approved a proposal to notify the Trade Facilitation Agreement (TFA) of the World Trade Organization (WTO) in February, 2016. The proposal regarding ratification and acceptance...

April 7, 2018

New Delhi hosts Informal World Trade Organisation (WTO) ministerial meeting

The two-day Informal World Trade Organisation (WTO) ministerial meeting has started in New Delhi on March 19, 2018. Representatives from 50 countries are participating in the meet. The...

March 19, 2018

Cost and Freight

Cost and Freight (CFR) is an international trade term used to define the responsibilities of buyers and sellers under a contract of sale when goods are transported by...

January 8, 2018

Comparative advantage

Comparative advantage is a foundational concept in international economics that explains how and why countries, firms, or individuals benefit from specialising in the production of goods and services...

January 5, 2018

India to host mini-ministerial meeting of WTO members in Feb 2018 to revitalize multi-lateral trade body

The mini-ministerial meeting of WTO members from both rich and developing nations is proposed to be hosted by India in February 2018 to revitalize the multi-lateral trade body....

January 1, 2018

India to host meeting of WTO member countries in February on food security and other issues

India will host a meeting of WTO member countries in February 2018 to muster support for food security and other issues. This was stated by Commerce and Industry...

December 19, 2017

Suresh Prabhu leads Indian delegation at 11th Ministerial conference of WTO

The 11th Ministerial conference of the 164-member World Trade Organization (WTO) has started in Buenos Aires, Argentina on December 10, 2017. At the meeting, India is represented by...

December 11, 2017

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