World Trade Organisation (WTO) Current Affairs, GK & News

India in WTO Fisheries Negotiation

India recently submitted its proposal at the on-going negotiations at the World Trade Organization (WTO) on preventing harmful fisheries subsidies. The negotiations are being done as according to WTO the harmful fisheries subsidies are estimated to be at 14 billion USD to 20.5 billion USD. What are the proposals placed by India? Under its proposal ..

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World Trade Report of WTO: Key Highlights

The World Trade Organisation recently released the World Trade Report, 2020. The report analyses the adoption of government policies to foster technological progress and digital innovation. The report says that due to covid-19 crisis, around 115 countries have adopted new digital and industrial strategies to fasten the transition towards digital economy. This mainly includes tax ..

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APEC Ministerial Meeting: Economies commit to free open trade and investment

On November 17, 2020, the members of Asia Pacific Economic Cooperation (APEC) held a ministerial meeting virtually. During the meeting, the members committed to pursue free and open trade and investment towards the economic recovery from the impact of covid-19 pandemic. Highlights The meeting was chaired by Malaysia. This ministerial meeting comes ahead of the ..

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PM Modi to attend 12th BRICS Summit

On November 17, 2020, Prime Minister Narendra Modi is to attend the 12th BRICS summit that is to be hosted by Russia. The summit is to be held under the theme “Global Stability, Shared Security and Innovative Growth”. The BRICS members to participate in the meeting are China, India, Brazil, Russia and South Africa. Key ..

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Indian PMO secretaries to hold key positions in WTO, World Bank

The Private secretary of Prime Minister Modi Rajeev Topno was recently appointed as the Senior Advisor to the Executive Director of World Bank. Also, a joint secretary at the Prime Minister Office (PMO) was appointed to the World Trade Organization as an ambassador Highlights Besides these officers, five other officers have been appointed abroad where ..

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