Trade: GK, Current Affairs, Questions, Trivia and News

Kochi hosts 22nd India International Seafood Show

The city of Kochi, Kerala hosts the 22nd India International Seafood Show, after a gap of 12 years. The three-day seafood show has been inaugurated by the Governor of Kerala, Arif Mohammed Khan on February 7,2020. The event will provide a platform for collaboration of the exporters and importers of the country’s marine products and ..

India International Leather Fair, 2020 held in Chennai

The 35th edition of India International Leather Fair (IILF), 2020 is being held in the capital city of Tamil Nadu, Chennai. The fair is being held from February 1 to 3, 2020 at the Chennai Trade Centre. The fair is organized by India Trade Promotion Organisation (ITPO), which functions under aegis of Ministry of Commerce ..

India appeals against WTO panel’s ruling on export promotion schemes

On 18 Nov, India appealed against a World Trade Organization (WTO) dispute settlement panel’s ruling that had recommended withdrawal of its key export subsidy schemes, including the one for special economic zones in the next 90-180 days. Recently, WTO had ruled that exports subsidy programmes Merchandise Exports from India Scheme (MEIS), Export Oriented Units Scheme ..

Developing Country Status in WTO

US President Trump has made a sharp criticism against the World Trade Organisation (WTO) for allowing countries such as India and China to engage in unfair trade practices that affect American economic interests. President Trump questioned the “developing country” status enjoyed by India and China at the WTO and argued that these countries are not ..

Vladivostok

Vladivostok is the administrative center of Far Eastern Federal District and Primorsky Krai, Russia. The city is located around the Golden Horn Bay, not far from Russia’s borders with China and North Korea.? The city is the home port of the Russian Pacific Fleet and is the largest Russian port on the Pacific coast. Vladivostok ..

National Time Release Study

For the first time the Ministry of Finance conducting national Time Release Study (TRS) as part of its strategic commitment for improving global trade. Time Release Study TRS is an internationally recognized tool advocated by World Customs Organization to measure the efficiency and effectiveness of international trade flows. The initiative on the ground is lead ..

India USTR Talks

A delegation led by the Assistant United States Trade Representative(AUSTR) visited India to explore and investigate the potential for increasing bilateral trade and economic engagement with India under the new dispensation. This delegation held bilateral talks with the Indian delegation. The Indian delegation was led by the Additional Secretary, Department of Commerce and also included ..

Short Note – Indian Victory over US at WTO

A World Trade Organization (WTO) dispute resolution panel has granted India a victory in a 3-year-old case against the United States over restrictive trade practices. India has approached the WTO in September 2016 as it found that the American Domestic Content Requirements (DCRs) and the state-sponsored subsidies provided by 8 American states constituted unfair trade ..