There is no proposal under consideration to give India the Most Favoured Nation status, Pakistan Commerce Minister Khurram Dastgir Khan has said.
India and Brazil have opposed tooth and nail the tariff reduction formula proposed by United States and European Union at the World Trade Organisation with the just concluded agriculture negotiations ending without making any headway.
India has submitted its offers at the World Trade Organisation to open up various services including health, telecom, engineering, construction, book-keeping and accounting, travel and tourism, maritime and computer-related services.
India and China have mostly set aside their bilateral differences in order to champion the cause of developing countries at the World Trade Organisation (WTO). That seems to be changing. During the latest round of China's trade policy review, India questioned its northern neighbour's claim that it was a developing country, since, going by the World Bank's definition, its per capita income belongs to that of an upper middle income country. "As per the per capita income level, the Chinese economy belongs to 'upper-middle income'. "How can China still claim to be a developing country? "What are the indicators which China is using to claim such a status?" India asked.
India on Monday decided to adopt a wait-and-watch approach on making its offers to the World Trade Organisation on opening up its services sector but said liberalisation of retail, legal and accountancy services will be solely driven by national inte
It called the draft text 'totally unacceptable, insensitive and unbelievable'.
Emphasising on greater transparency at the World Trade Organisation, both India and China have said no last minute surprises should be sprung on negotiators.
The government will convene a meeting of political parties prior to the WTO ministerial in Cancun to elicit their views on issues, especially agriculture subsidy, to be discussed at the conference, Lok Sabha was informed on Friday.
The National Security Strategy document should flag all major issues concerning security strategy and provide guidelines to concerned departments to work out suitable action plans. Since the global and regional geopolitical canvas is dynamic, the NSS document should be deliberated at length before formulation and should be reviewed periodically, recommends Commodore Venugopal Menon (retd).
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.
Kerala has sought patents for 966 medicinal plants in accordance with the provisions in the Geographical Indicator Act, Chief Minister Oommen Chandy, told the assembly on Monday.
Indian economy should grow at eight per cent by 2020, Jagadish Shettigar, economic cell advisor of the Bharatiya Janata Party said on Wednesday.
With the product patent regime all set to take over the existing process patent system in January 2005 in concurrence with the world trade organisation regulations, experts say the new regime would boost research and development activities in the cou
Acting on complaints from India and eight other co-complainants, the World Trade Organisation Dispute Settlement Panel has held that the Continued Dumping and Subsidy Offset Act of the United States had violated obligations.
Lamenting the abysmally low budgetary support to animal husbandry, dairy and fisheries, Agriculture Minister Ajit Singh on Monday said the government will soon unveil a livestock policy to enhance resources for the neglected sector.
The textiles ministry is in favour of a reduction in textiles tariffs under ongoing World Trade Organisation negotiations on market access, but said overall reduction in the case of developing countries should be lower than developed countries.
Agriculture Minister Sharad Pawar on Monday denied that the ministry was unhappy with the WTO Framework Agreement.
The government has permitted foreign banks to open a maximum of 18 branches in the country, which are situated mostly in urban and metropolitan centres, the Lok Sabha was informed on Friday.
With hectic negotiations continuing at the World Trade Organisation to meet the July 30 deadline for Framework Agreement, India on Thursday called for revision in the draft text to address its concerns and make it acceptable.\n\n\n\n
Ahead of the UNCTAD XI meeting at Sao Paulo, Brazil, from June 13-18, Commerce Minister Kamal Nath on Monday held substantive discussions with Agriculture Minister Sharad Pawar to fine tune India's strategy on farm issues including livelihood concern
Indian elections and subsequent political developments have come as a glitch to the process of evolving a new proposal on the contentious farm sector negotiations at the World Trade Organisation.
