World Trade Current Affairs, GK & News

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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India mulls new group of 8-10 countries in WTO

India is considering bringing together group of 8-10 member countries of World Trade Organisation (WTO) to prepare agenda for creation of conducive atmosphere to ensure smooth functioning of the global trade body. Key Facts It would be an informal group within WTO, which may also include nations like Brazil, China, South Africa, China, Indonesia and ..

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India's economy is projected to grow 7.6% in 2018-19: UN WESP

According to UN World Economic Situation and Prospects (WESP), India’s economy is projected to grow 7.6% in fiscal year 2018-19, making it fastest growing economy in the world. GDP growth in India is expected 7.5 and 7.6% in fiscal years 2017-18 and 2018-19 respectively. Key Highlights of report World economy: It is projected to reach ..

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India to host meeting of WTO member countries on food security and other issues

India is planning to host meeting of World Trade Organisation (WTO) member countries in February 2018 to muster support for food security and other issues. It was announced by Commerce and Industry Minister Suresh Prabhu while speaking at event organised by Apparel Export Promotion Council, AEPC in New Delhi. Key Facts The proposed meeting will ..

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