India is likely to appeal against the ruling of a World Trade Organisation compliance panel, which concluded that the European Union had complied with an earlier WTO ruling regarding its anti-dumping measures against Indian imports of cotton bed line
The government on Thursday warned the industry of being isolated in the World Trade Organisation and overtaken by countries like China if it continued to maintain a negative and suspicious attitude rather than effectively engaging in a dialogue.
Agriculture Minister Ajit Singh said on Tuesday the interest of Indian farmers will be safeguarded at any cost in the negotiations on agriculture to begin soon at the World Trade Organisation.
The European Union on Wednesday got the go-ahead to hit the United States with a record $4.04 billion in trade sanctions in a long-running row over tax breaks for major exporting firms, trade officials said.
The government on Monday said the progress in majority of the issues covered by the Doha Work Programme has been uneven
In a major trade victory for India and several other countries, the World Trade Organisation has held as violation of global trade rules a controversial USlaw allowing American companies to collect more than $470 million
India asks WTO to reverse findings on bed linen
Describing the Cancun WTO meet as a historic turn, Commerce and Industry Minister Arun Jaitley on Friday said that India will not blame anyone for the collapse of the meeting.
Bed linen issue: India files appeal in WTO
There is talk of a fresh approach to a new labour code as well as reforming land acquisition laws in such a way as to be politically.
The European Union said on Friday that it would abide by the World Trade Organisation ruling that has favoured India in the bed linen dispute.\n\n\n\n
While India does not figure in the top 10 export destinations for Pakistani goods, it serves as a crucial channel for select goods such as leather hides and cheaper variants of fertilisers that are generally procured by importers at short notice.
By calling off the scheduled foreign secretary talks, the Modi government has sent out a message to Pakistan that bilateral dialogue cannot be held if it continues to engage separatists in Kashmir vis-a-vis India, Bharatiya Janata Party president Amit Shah said.
'While many Chinese policy makers dismiss the political, economic and technological component of US-India relations, they express caution on the defence-related ties which also happens to be a major driver in US-India relations,' explains China expert Srikanth Kondapalli.
Globalisation is a "double-edged" sword" but cannot be blamed for the world's problems, Chinese President Xi Jinping said on Tuesday while pushing for greater role for emerging economies in governance of global institutions.
While the Trump administration wants India to lower the trade barriers and embrace "fair and reciprocal" trade, India has raised tariffs on 28 items exported from the US in retaliation to America's withdrawal of preferential access for Indian products.
India had proposed amending the formula to calculate the food subsidy cap of 10 per cent.
In a statement to formally update parliament on her European Council meeting last week where the EU agreed to a short delay to the March 29 Brexit deadline, the British PM said she remained committed to "guarantee Brexit" even if it isn't as initially planned for this Friday and would continue to lobby MPs to get the support required for another vote on the withdrawal agreement agreed with the European Union.
Prime Minister Narendra Modi has made it clear that the agreement on food security and trade facilitation will have to go hand-in-hand.
The Doha negotiations has been virtually stalled since July 2008.
Xi will attend the second informal meeting with Modi at Mahabalipuram near Chennai from October 11 to 12 and pay a state visit to Nepal on October 13, Foreign Ministry spokesperson Hua Chunying announced on Wednesday.
'If we cannot conclude a trade deal, both sides are likely to take trade actions that will further impair our government-to-government ties.'
The visit by President Obama has already set the stage for further policy reforms in India, said Josh Rosenberg of the Information Technology Industry Council (ITI).
'India-China economic ties are likely to take a hit in the wake of the new situation, but that also provides India with a new opportunity to strengthen its manufacturing base,' points out Dr Rajaram Panda.
With the United States adopting protectionist policies and hiking import duties, a trade war like situation has emerged.
Ajit Balakrishnan decodes the angst-ridden discourse of the day.
The fate of the ministerial conference was sealed after assistant US trade representative Sharon Bomer Lauritsen said permanent solution to the food stockholding issue was not acceptable to America.
At the meeting of the 160-member World Trade Organisation in Geneva on Friday, India demanded a halt to the trade facilitation timetable till a permanent solution on public stockholding for food security is found.
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