The 73rd Tata Steel Chess in Wijk Aan Zee, The Netherlands, saw the first shock result of the tournament when World No 1 Magnus Carlsen of Norway blundered and went down to talented Anish Giri of Holland in a mere 22 moves.
Indian Grandmaster Vidit Gujrathi held World No. 1 Magnus Carlsen to a draw in the 11th round of the Tata Steel Masters chess tournament
Duty-free and quota-free access in favour of LDCs is a commitment undertaken by WTO members at the launch of the Doha Round in 2001.
Agriculture will be a 'hot-ticket item' for negotiations at next week's WTO ministerial talks in Cancun where the EU, accused as 'protectionist,' would seek a balance between market opening and preservation of a viable countryside world-wide.
Fabiano Caruana of United States made sure of his maiden title after beating Jan-Krzysztof Duda of Poland.
Even as World Trade Organization director general Pascal Lamy has claimed that a successful Doha Round will lead to rich nations undertaking steeper tariff cuts than developing and poor nations, an analysis of the proposals shows the opposite may be true.
Lamy said that increasing use of non-tariff measures by different countries are impacting trade.
Alireza Firouzja remained in joint lead with Caruana on 5.5 points and these two are now ahead of Wesley So of United States and Jorden Van Foreest of Holland.
Trade ministers of key WTO member countries, including India would meet on the sidelines of the Organisation for Economic Cooperation and Development meeting in Paris in the last week of May.
With his third draw in five games, the reigning world rapid champion remained in joint lead on 3.5 points and now shares the lead with Anish Giri of Holland and Shakhriyar Mamedyarov of Azerbaijan.
The secretariat of the Geneva-based global trade body planned to increase Lamy's annual pay by 20 to 30 per cent from around 500,000 Swiss francs ($468,000) at present and proposed the raise at an informal committee meeting in early July to discuss budgetary and other issues, Kyodo news agency quoted trade sources as saying.
World Trade Organization chief Pascal Lamy on Thursday faced serious charges of creating darkness at noon in the crucial Doha modalities negotiations when several trade ministers complained about their exclusion from the hard bargains he is conducting among seven members that also include India.
India has consistently demanded that about 8 per cent of farm tariff lines to be exempted from the tariff reduction commitments while 12 per cent of tariff lines to be subjected to a minimum cut below 10 per cent. The United States, Australia, Uruguay, Thailand and Malaysia, however, vehemently opposed India's demands during what are called the Walk in Woods meetings convened by the chair for Doha agriculture negotiations Ambassador Crawford Falconer last week.
Rapid industrialisation has helped India speed up its economic progress said WTO chief Pascal Lamy.
Rameshbabu Praggnanandhaa is just 13 years old but the boy is already going places and this was his second win against a 2700 Grandmaster.
"We have always said if the WTO Director General feels there is a chance for (another) opening, then we will be prepared to come again to Geneva," Commerce Secretary G K Pillai told reporters on the sidelines of a Ficci-CUTS conference in New Delhi. A marathon meeting of 30 trade ministers failed to reach a common ground when they met in Geneva between July 21-29 on an issue of the level of protection for developing countries in case of import surge.
WTO Director General Pascal Lamy met Prime Minister Manmohan Singh on Friday and sought concessions from India to revive the stalled Doha Round of negotiations.
WTO's new director general Pascal Lamy, who assumes office on September 1, on Friday selected four deputies including an Indian, Harsha Vardhana Singh, presently secretary of telecom regulator TRAI.
India on Thursday raised the contentious issue of higher GSP concessions to Pakistan with the visiting EU Trade Commissioner Pascal Lamy.\n\n\n\n
Anand played the Italian game with white pieces but could get little out of opening against Vituigov.
Success of the Ministerial meeting depends on the WTO members putting together the broad contours of a deal by August.
The body is form to restore health of oceans.
WTO Director-General Pascal Lamy said his meetings with the US, China, India, and Brazil over the last fortnight revealed that the gaps in positions among members are too wide
Lamy said the international trade body will continue to keep a close watch on protectionist measures that impede international free trade.
The meeting, convened by Switzerland, will take place on the sidelines of the annual World Economic Forum meeting.
No one expects the US to sign up on any real deal till the next presidential elections are over.
Five-time World champion Viswanathan Anand gave a fine endgame lesson to young Alireza Firouzja, jumping to joint sixth position at the end of 11th round of Tata Steel Masters, in Wijk Aan Zee, The Netherlands, on Saturday. With his second victory, Anand clawed his way back to a fifty percent score and will now hope to end the tournament on a high. At just 16 years, Firouzja is less than one third of Anand's age, and the Indian ace showed that the Iranian still has a lot to learn.
World champion Viswanathan Anand had to settle for a draw against Alexander Grischuk of Russia in the sixth round of the 'A' group of Tata Steel Chess tournament in Wijk Aan Zee, The Netherlands.
Much has been written about that afternoon, and the Brazilian's career and epic rivalry with Frenchman Alain Prost, with questions still asked about what caused the crash. What is certain is that it changed Formula One, triggering a major safety review and altering the course of sporting history.
Anand has been trying to play very complicated positions and the sixth round was no different.
It was on move 21 that Giri thought he was out of trouble and proposed a draw.
The day produced four decisive games and it was again the youngsters who provided most of the entertainment.
Indian Grandmaster Abhijeet Gupta justified his top billing as he won the Hoogeveen International Open Chess Tournament after defeating compatriot Neelotpal Das in the ninth and final round, in Hoogeveen, The Netherlands.
The meeting has been convened to conclude modalities in the Doha Development Agenda for Agriculture and Market Access for Industrial Goods. Lamy had called on Nath to inform him about the meeting and press the commerce minister to attend the meeting at any cost.
India on Friday stood its ground against attempts to dilute the triggers in the Special Safeguard Mechanism to check unforeseen rise in imports of farm goods
On July 21, trade ministers from nearly 50 countries will converge at Geneva to finalise proposals on agriculture and non-agricultural market access (Nama) which are part of the Doha Round of world trade talks. World Trade Organisation Director General Pascal Lamy tells Business Standard why the ministerial is crucial.
World Trade Organisation director-general Pascal Lamy now maintains that it is rather early to set the dates for a ministerial meeting to finalise the modalities for cutting agricultural subsidies and import as well as industrial tariffs, trade envoys said.
India's chief trade negotiator Rahul Khullar yesterday warned that the much-planned ministerial meeting, which the World Trade Organisation Director General Pascal Lamy wants to convene soon, can succeed only if there was a revised Doha Rules text reflecting the concerns of all the members and an immediate resolution of TRIPS-CBD issue.
Brazilian External Affairs Minister Celso Amorim, who is among the 35 trade ministers at the Delhi informal ministerial meeting said, "In the game of chess, sometimes the end game is much longer over the middle game. The fact that we are in the middle game does not mean it (Doha Round) will finish."
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