Page-6 of WTO
Pakistan has no plans to grant MFN status to India
Pakistan Government has no immediate plans to grant Most Favoured Nation (MFN) status to India. However, it is working out free trade agreements (FTAs) with different countries, especially China and hopes to complete second FTA with China by June 2019. ..
Month: Current Affairs - November, 2018
IMF, World Bank and WTO launch Reinvigorating Trade and Inclusive Growth Report
International Monetary Fund (IMF), World Bank and World Trade Organization have collectively launched report “Reinvigorating Trade and Inclusive Growth”. In this report all three international organisations have sought liberalisation of global service sector, asserting that barriers to these services trade ..
Month: Current Affairs - October, 2018
India notifies WTO of its decision to impose higher import tariffs on 30 US goods
India has notified World Trade Organisation (WTO) of its decision to impose higher import tariffs (ranging from 20 to 50%) on 30 goods from United States. It includes motorcycles (engine capacity of more than 800 cc), heavy machinery, certain iron ..
Month: Current Affairs - June, 2018
India drags US to WTO over imposition of duties
India has dragged United States (US) to World Trade Organisation’s (WTO) Dispute Settlement Mechanism over imposition of import duties on steel and aluminium. India stated that decision will of imposition of import duties impact its exports of these products to ..
Month: Current Affairs - May, 2018
US challenges India’s export subsidy programmes at WTO
The US Trade Representative (USTR) has challenged Indian export subsidy schemes at World Trade Organisation (WTO), saying these programmes harm its manufacturing sector and workers by creating an uneven playing field. Key Facts According to USTR, at least half a ..
Month: Current Affairs - March, 2018
WTO to set up compliance panel in solar dispute case between India, US
The dispute settlement body (DSB) of World Trade Organization (WTO) has decided to set up panel to examine whether India has complied with its 2016 ruling in case against US regarding domestic content requirements (DCR) rules for solar cells and ..