Page-4 of World Trade Organisation (WTO)
India’s New representative of UN; India to become member of UNSC
The 1985 Indian Foreign Officer T S Trimurti is to succeed Syed Akbaruddin as the permanent representative of the United Nations. Mr Trimurti was serving as the Secretary to Economic relations. The appointment announcement was made by the External Affairs ..
Month: Current Affairs - May, 2020
MEIS scheme to be replaced with RoDTEP Scheme
On March 13, 2020, the Union Cabinet approved to withdraw the MEIS (Merchandise Export from India) Scheme in phases. It is later to be replaced with RoDTEP (Remission of Duties or Taxes on Export Product) scheme. Highlights The MEIS is ..
Month: Current Affairs - March, 2020
Sale of Darjeeling Tea affected by illegal influx of Nepal Tea
The prices of Darjeeling Tea that recently received GI tag has fell by 20% to 25% due to unchecked flow of Nepal Tea into the country. Highlights Nepal Tea also known as Himalayan Tea is very similar to that of ..
Month: Current Affairs - January, 2020
India finds OECD’s STR Index faulty
India has found problems with the current methodology adopted by the Organisation for Economic Cooperation and Development (OECD) under its Services Trade Restrictiveness Index (STRI) to rank countries. Key Highlights About: A study commissioned by Indian Ministry of Commerce found ..
Month: Current Affairs - May, 2019
India moves WTO against US
India has moved the World Trade Organisation (WTO) against the US as it has not yet complied with the rulings of the WTO pertaining to imposition of high import duty on certain Indian steel products. In December 2014, the WTO’s appellate ..
Month: Current Affairs - June, 2017
India challenges WTO panel's ruling in US poultry case to DSB
India has challenged a World Trade Organisation (WTO) panel’s ruling that challenges country’s ban on United States (US) poultry product imports. In this regard, India has appealed to the Dispute Settlement Board (DSB) of the WTO. Background In 2007, India ..