Page-2 of World Trade Organisation Current Affairs, GK & News

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 ..

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WTO Dispute Settlement Panel to review India’s Sugar Subsidy

The World Trade Organisation (WTO) has announced setting up of dispute settlement panel to review India’s sugar subsidy as requested by Brazil, Australia and Guatemala. What are the Objections against India? The countries allege that: India has massively increased the level of domestic support under its support regime for sugarcane and sugar. India has almost doubled ..

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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 ..

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GI Tag: Kolhapuri chappals

The Controller General of Patents, Designs and Trade Marks (CGPDTM) has granted Geographical Indication (GI) tag for Kolhapuris, the ethnic leather chappal (footwear) to four districts in each state of Maharashtra and Karnataka. These 8 districts are- Kolhapur, Sangli, Solapur and Satara districts of Maharashtra and Belgaum, Dharwad, Bagalkot and Bijapur districts of Karnataka. Kolhapuri ..

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India to Impose Retaliatory Tariff on American Goods

India has decided to impose long-pending retaliatory tariffs on 29 US products. This is seen as India s retaliatory measure against US decision to impose tariffs on Indian goods and withdrawal of the Generalized System of Preferences (GSP) for Indian exports. India will be imposing additional customs duties on 29 US products, including almond, walnut ..

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