World Trade Organization (WTO)
‘Trade in Services for Development’ Report
India has witnessed a remarkable growth in its share of global commercial services exports over the years. As a testament to its economic progress, the World Bank and World Trade Organization (WTO) released a report titled ‘Trade in services for ..
Month: Current Affairs - July, 2023
Category: Reports & Indexes Current Affairs
WTO Goods Trade Barometer
The latest World Trade Organization Goods Trade Barometer predicted slow growth of global trade in the closing months of 2022 and in 2023 due to strong headwinds. What is Goods Trade Barometer? The Goods Trade Barometer was developed by the ..
Month: Current Affairs – November, 2022
Category: Economy & Banking Current Affairs
WTO -12th ministerial conference (MC12)
The 12th Ministerial Conference of World Trade Organization (WTO) started on June 12, 2022. Highlights It is being held at WTO headquarters in Geneva, Switzerland. The conference will be concluded on June 15, 2022. It was due to take place ..
Month: Current Affairs - June, 2022
Category: Economy & Banking Current Affairs • International / World Current Affairs
Developing Country Tag at WTO
The World Trade Organization recently provided the “developing country” tag. This couldn’t be accepted by several countries. About the tag at WTO The organization has officially not created any definitions for “Developed” or “developing “countries. However, when a tag is ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs • International / World Current Affairs
1st Meeting of “BRICS Contact Group on Economic and Trade Issues”
The BRICS Contact Group on Economic and Trade Issues (CGETI) held their first meeting under the Chair ship of India. The meeting was held from March 9 to March 11, 2021. The meeting was held under the Theme –“BRICS @15: Intra BRICS ..
Month: Current Affairs - March, 2021
RoDTEP Scheme
The Government of India recently announced that the benefits of RoDTEP (Remission of Duties and Taxes on Exported Products) scheme is to be extended to all goods. What is RoDTEP Scheme? The RoDTEP Scheme was launched in 2020 to boost ..
Month: Current Affairs - January, 2021
India to host WTO Ministerial Meeting of Developing Countries
India will be hosting a World Trade Organisation (WTO) Ministerial meeting of developing countries in New Delhi on 13-14 May 2019. The aim is to discuss various challenges being faced by multilateral rules-based-trading system. Key Highlights of Meeting Participants: includes ..
Month: Current Affairs - May, 2019
India ratifies UN TIR Convention in a bid to Counter China's OBOR
India has become the 71st nation to join the United Nations TIR (Transports Internationaux Routiers) Convention. India’s decision to join the convention is part of its multi-modal transport strategy that aims at integrating Indian economy with global and regional production networks through better ..
Month: Current Affairs - June, 2017