WTO
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 - 2024
WFP- India Talks on procurement of wheat
The United Nations’ World Food Programme (WFP) is in discussions with India on the procurement of Indian wheat. Why World Food Programme (WFP) wants to procure wheat from India? This is because many countries all over the world are facing ..
Month: Current Affairs - May, 2022
Category: International / World Current Affairs
Permanent Normal Trade Relations (PNTR) Status
On 11th March 2022, Joe Biden, U.S. President announced that the U.S. will revoke Russia’s “permanent normal trade relations (PNTR)” status. This is to punish Russia for its invasion of Ukraine. About PNTR status Permanent normal trade relations status is ..
Month: Current Affairs - March, 2022
Category: International / World Current Affairs
India-UK Roadmap 2030 and Enhanced Trade Partnership
The Indian Prime Minister Narendra Modi and the UK Prime Minister Boris Johnson held a virtual bilateral summit. During the summit, the leaders adopted an ambitious “Roadmap 2030”. This will help to elevate the bilateral ties between the countries. Also, ..
Month: Current Affairs - May, 2021
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 ..
Month: Current Affairs - December, 2020
India-Denmark sign Memorandum of Understanding on Intellectual Property Cooperation
On September 26, 2020, the Department for Promotion of Industry and Internal Trade (DPIIT) and Ministry of Industry, Business and Financial Affairs signed Memorandum of Understanding on Intellectual Property Cooperation. Highlights The countries signed the agreement on the following To ..