US President Donald Trump on Monday claimed that Iran had requested a meeting with the US after the recent military escalation between the two sides over the Strait of Hormuz and announced that talks with Tehran would take place in Doha, Qatar, on Tuesday, despite Iranian officials stating that no technical meetings have been scheduled this week.
As Tehran and Washington continue with their engagements following the signing of the MoU earlier this month, sources have told Al Arabiya that the two are set to hold the next round of negotiations in Switzerland on June 28 and 29.
"We are very much engaged in trying to pursue a ambitious agreement for the Doha Round. We're engaged bilaterally with major trading partners. We're engaged in the multilateral process in Geneva. We're engaged plural laterally with various groupings of countries," US Deputy National Security Advisor Mike Froman
Indian benchmark indices, Sensex and Nifty, experienced a decline in early trade due to uncertainty surrounding the upcoming US-Iran negotiations in Doha. Foreign fund outflows and a dip in major IT stocks further contributed to the market's cautious sentiment, despite mixed performance in global markets.
Iran on Tuesday said that the Islamic Republic has "no plans" to hold any meetings with the United States in the coming days at any level, even as diplomatic engagements continue separately in Doha on the related implementation of the 14-point memorandum of understanding (MoU) aimed at ending the hostilities in West Asia.
"... An early conclusion of Doha Round is important; India is willing to take part in negotiations at the WTO provided the core concerns of the Round, namely development concerns of developing nations are addressed," commerce and industry minister Anand Sharma told Rajya Sabha.
It is only through a trade-opening global pact that issues like distorting subsidies or generating market access can be addressed, the WTO chief emphasised.
India and the US on Wednesday expressed the hope for an early resumption of the Doha round of negotiations and agreed to make all efforts to achieve an ambitious, balanced, and pro-development outcome.
The Doha negotiations has been virtually stalled since July 2008.
Competing at last year's World Championships with a back injury was not a good decision, conceded seasoned Indian javelin thrower Neeraj Chopra before assuring that he "feels fit" as he gears up for a delayed start to his season at the Doha Diamond League on Friday.
Indian benchmark stock indices, Sensex and Nifty, declined for a second consecutive day, primarily due to selling pressure in IT, oil & gas, and select banking shares. Concerns over the US-Iran negotiations and a sluggish monsoon further dampened market sentiment.
India, Brazil and other developing countries have been asking rich nations like the US and European Union to cut farm subsidies, while resisting the pressure mounted the developed nations for reducing industrial tariffs. The Doha Round is running way behind schedule as the rich and poor nations have failed to reach a consensus on the controversial issues.
The country feels that the talks are necessary to revive the global economy.
The Director General of World Trade Organisation, Pascal Lamy, today urged to speed up the negotiations on the Doha Round as the Trade Promotion Authority in United States is expiring in June.
US Special Envoy Steve Witkoff and Iranian Foreign Minister Abbas Araghchi are reportedly heading to Switzerland for a new round of US-Iran negotiations, following a recently announced memorandum of understanding to end hostilities in West Asia and a ceasefire between Israel and Hezbollah.
The Doha round of global trade talks is facing a slow death and if trade negotiators from all the 153 member countries fail to reach a deal by the end of this year, the consequences can be disastrous for the multilateral trading system, says Jean-Pierre Lehmann, professor of International Political Economy.
The need of the hour is a rule-based multilateral trading regime, which takes on board developmental aspirations of the poor countries and at the same time ensures better access for all. "That is what we shall be striving for," said Commerce and Industry Minister Anand Sharma. He said Prime Minister Manmohan Singh has made commitments that the Doha trade talks, the latest round of which was stalled in July 2008, be concluded successfully.
The country could be a major beneficiary from greater market access in services unlike other developing nations, said the working paper authored by H A C Prasad, senior economic advisor in the ministry. India is Asia's third largest economy with a size of nearly $1 trillion. Services contribute about 61 per cent of GDP and the sector is growing at double-digit rates.
Although Indian team is in full strength at the WTO headquarters in Geneva, officials back home are apprehensive of any concrete developments in absence of 'right signals' from Washington.
India said on Wednesday developed countries were still not willing to fulfil their commitments under the World Trade Organization agreements and warned this could put the entire global trade at risk.
WTO summit will see whether decade-long negotiations would go forward or be brought to an end.
Indian paddlers enjoyed a rich haul of 10 medals, including four gold, at the 2026 WTT Star Youth Contender and Feeder events in Doha, highlighted by Ahona Roy's top-podium finish in the fiercely contested Under-15 girls' category.
Indian javelin thrower Sachin Yadav finished eighth in his Diamond League debut in Rome with a throw of 79.18m, significantly below his personal best. Sri Lanka's Rumesh Tharanga Pathirage won the event with a historic 92.62m throw, the second longest by an Asian.
Trade ministers of the Group of Six (G-6) countries resolved on Thursday to conclude the six-year-old Doha Round of trade talks by the end of the year.
India is most open to dialogue on the Doha round and trade negotiations among all major emerging markets, a top Obama Administration official has told the US lawmakers.
The two-day World Blitz Championship in both the Open and Women's categories commences in Doha, on Monday, December 29.
The International Chess Federation (FIDE) has announced a significantly relaxed dress code for next month's World Rapid and Blitz Championships in Doha, "allowing classic non-distressed jeans for both men and women", a year after the 'jeansgate' storm involving Magnus Carlsen at the same event.
Stefanos Tsitsipas' struggles continue with a first-round exit in Munich, as injuries and inconsistent form see his ranking drop to its lowest in eight years.
Iga Swiatek has hired Francisco Roig, formerly with Rafael Nadal, as her new coach to improve her performance on clay courts, starting at the Stuttgart Open.
Indian shooters had a disappointing outing at the ISSF Shotgun World Cup in Tangier, with both mixed team pairs finishing far down the standings. The performance raises concerns about Asian Games selection.
Paris Saint-Germain president Nasser Al-Khelaifi has been stranded in Qatar for over a week due to the ongoing conflict in the Middle East, impacting flights and travel across the region.
The Bahrain Grand Prix and Saudi Arabian Grand Prix in the Formula One 2026 calendar are likely to be cancelled due to escalating Middle East tensions, with a final decision expected soon.
Karolina Muchova defeated Victoria Mboko to reach her first Miami Open semi-final, where she will face Coco Gauff, who overcame Belinda Bencic in three sets.
'We have lost 70-80 per cent of our business from foreign guests.'
Though it was not formally declared at the Doha trade negotiations committee meeting today, it is privately admitted that the 2010 deadline will not be achieved, several trade envoys and senior officials told Business Standard.
Suruchi Singh and Samrat Rana scored 479.6 -- a new World and Asian junior record -- but Uzbekistan clinched gold with a world-record 481.3 at in the 10m air pistol mixed team event at the Asian Championship.
Reigning classical World champion D Gukesh, Arjun Erigaisi and world No.1 Magnus Carlsen were among the leaders after the first five rounds on the opening day of the FIDE World Rapid Championships in Doha on Thursday.
