Current Affairs

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Page-6 of Topic: WTO

WTO cuts 2016 global trade forecast to 2.8%

The World Trade Organization (WTO) has revised its 2016 global trade updated forecast for 2016 downward by more than one percentage point to 2.8% from 3.9%. The main...

April 8, 2016

India losses solar case against US at WTO

India has lost solar case against United States at the World Trade Organisation (WTO) for in breaching of international trade rules. In this regard, WTO’s Dispute Settlement Body...

February 26, 2016

Afghanistan becomes 164th member of WTO

Afghanistan has become 164th member nation of the World Trade Organisation (WTO), global trade body after 11 years of negotiations. WTO has formally approved Afghanistan’s membership proposal at...

December 19, 2015

India raises concerns over massive subsidization of farm sectors by developed countries at WTO meet

India has raised concerns over massive subsidization of farm sectors by developed (rich) countries. These concerns were raised Union Minister for Commerce and Industry Nirmala Sitharaman during the...

December 17, 2015

CCEA approves production subsidy of Rs 4.50/quintal to Sugarcane farmers

The Cabinet Committee on Economic Affairs (CCEA) has decided to pay a production-linked subsidy of Rs 4.50 per quintal directly to sugarcane farmers in the current crushing season....

November 20, 2015

US extends anti-dumping duty on Indian preserved mushrooms for 5 years

United States (US) has extended the anti-dumping duty on Indian preserved mushrooms for another five years. This decision to revoke existing anti-dumping duty orders on preserved mushrooms was...

August 31, 2015

India losses solar case against US at WTO

India has lost solar case against United States at the World Trade Organisation (WTO). Dispute Settlement Body (DSB) of WTO has ruled that, India’s requirement of only domestic...

August 28, 2015

Kazakhstan became 162th member of WTO

Kazakhstan, a member of the Russia-led economic blocks became 162th member of World Trade Organization (WTO). Kazakhstan’s entry has ended its long wait of 20 years to become...

July 29, 2015

WTO members reach landmark $1.3 trillion IT trade deal to cut tariffs

World Trade Organisation (WTO) members reached a landmark Information Technology (IT) trade deal in order to add more than 200 products to the list dealing with zero-tariff and...

July 25, 2015

India loses poultry case against United States at WTO

India has lost a poultry case against United States at World Trade Organization (WTO) after WTO’s Dispute Settlement Board (DSB) ruled that India’s ban on import of poultry...

June 5, 2015

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