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.
Nepal on Friday became the 147th member of the World Trade Organisation with the protocol of accession coming into force.
The quota regime in textiles and clothing is unlikely to be extended beyond the deadline of 2005, a senior World Trade Organisation official said on Tuesday.
India seriously lags behind other nations when it comes to healthcare as per the guidelines set by the World Trade Organisation, Delhi Health Minister Yoganand Shastri said on Wednesday.
Saudi Arabia is planning to issue tourist visas to all visitors from early next year regardless of their religion as it implements a liberalised visa regime to gain entry into the World Trade Organisation.
The government has brought out a new law, which would restrict imports of vegetables and fruits into the country and make exotic fruits such as kiwis, rambutans and melons forbidden for Indian consumers.
Centre would announce a special package for the small scale industries before the 2004-05 budget to enable them to face competition in the emerging World Trade Organisation regime.
Both Houses of Parliament were adjourned on Tuesday on the opening day of the winter session after tributes were paid to the members who died during the inter-session period.
The US steel industry has urged the Bush Administration to defy the WTO ruling and continue protection for it despite the certainty that the EU and other countries may retaliate if the US does not comply.
The NCP, AIADMK and a number of political parties have welcomed the joint proposal on agriculture presented to the WTO by a coalition of developing countries including India, China and 10 members of the Cairns group as a positive development.
Hitting out at the developed nations for their attitude towards the World Trade Organisation negotiations, India on Monday warned against the Doha round being hijacked by the European Union and the United States.
At the World Bank Banga will be replacing David Malpass, a former Trump treasury official, reports axios.com. Malpass had already announced that he will resign by July, months ahead of his term expired. "Ajay is uniquely equipped to lead the World Bank at this critical moment in history," President Biden said in a statement. Banga, 63, currently serves as vice chairman at General Atlantic.
India is optimistic that Pakistan would soon reciprocate by giving it the most favoured nation status, which would lead to a "win-win" situation for both countries.
The Indian industry is not yet fully prepared for the complete elimination of tariffs in the World Trade Organisation identified seven key sectors, including textiles and auto components, the PHD Chamber of Commerce and Industry has said.
India was on Friday guarded in its reaction to European Union farm ministers' 'historic' accord to reform its disputed Common Agricultural Policy.
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.
In a major victory for India, World Trade Organisation on Wednesday reversed its earlier compliance ruling on Indian bed linen dispute with the European Union.
Confederation of Indian Industry president Ashok Soota said on Friday that India should take up at the World Trade Organisation the issue of protectionism that affects natural movement of professionals across borders.\n\n\n\n
