The summit is being attended by more than 30 heads of state and top officials from the European Union and invited guest countries and 14 heads of international organisations.
Prime Minister Narendra Modi on Thursday called for reforming the World Health Organisation and streamlining its approval process for vaccines and therapeutics, and favoured making flexible the WTO's rules relating to trade-related aspects of intellectual property rights.
Prime Minister Narendra Modi on Saturday announced the adoption of the New Delhi Leaders Declaration, a significant victory for India's G20 presidency that came amid increasing tensions and divergent views over the Ukraine conflict.
Canadian Prime Minister Justin Trudeau had recently backed the agitating farmers in India, saying his country will always be there to defend the rights of peaceful protests. He had expressed concern over the situation.
Modi hits out at trade protectionism and calls for a rule-based, transparent, anti-discriminatory, open and all inclusive WTO-centred multilateral trading system focused so that the interests of every country specially the developing ones can be taken care of.
Communications between the USTR and the world's most powerful pharmaceutical and trade lobbying groups reveal that many raised concerns about India's push to exempt Covid vaccines from intellectual property.
Six key World Trade Organisation members, including India, on Monday failed to reach an agreement on steps to liberalise trade in agriculture and manufactured goods.
India and Brazil raised a trade dispute against the European Union before the World Trade Organization on Tuesday over seizure of generic drugs by EU member countries on high seas.
P Chidambaram said to be able to play a meaningful role in the global governance, the G-20 agenda should be sharper and focused only on those issues on which it can make a distinctive contribution, particularly, on economic and financial matters.
'China feels India will be hard-pressed not to go after China because we are so badly dependent on them -- and that is the reality.'
The annual talk-fest of rich and powerful from across the world in snow-laden Alpine resort town of Davos will be attended by nearly 40 heads of government among more than 2,500 global leaders from over 100 countries.
The Security Council as it is today is unable to bring peace and security in the world and so there is reason for countries like India to become members of the Council, Ambassador Asoke Kumar Mukerji tells Sheela Bhatt/Rediff.com.
Consumers have to watch out for four marks on hallmarked gold jewellery: BIS mark, purity in carat, assay centre's name and jewellers' identification mark.
Sitharaman cancels Myanmar trip at last moment citing launch of Modi's Jan Dhan Yojana.
Gold hallmarking is a purity certification of the precious metal and is voluntary in nature at present.
The government believes that WTO's push for initiating negotiations on substantive obligations related to e-commerce will oblige India to permanently accept the current moratorium on imposing customs duties on products traded electronically.
'The vaccine policy should be such that all people should get the vaccine free.'
Gujarat and Karnataka have been ranked as the best performers in developing startup ecosystem for budding entrepreneurs, according to the ranking of states and Union territories by the Department for Promotion of Industry and Internal Trade (DPIIT). Among smaller states having population of less than one crore, Meghalaya has been adjudged as the best performer. The rankings are based on the initiatives taken to develop the startup ecosystem for promoting budding entrepreneurs.
Prime Minister Narendra Modi has made it clear that the agreement on food security and trade facilitation will have to go hand-in-hand.
Talks had collapsed in Geneva in July last year after India, among others, opposed agriculture subsidies offered by rich nations to their farmers on the grounds that this distorts trade by making produce of developing countries costly. The negotiators will meet for a week beginning September 14.
WTO should focus more on what it 'should do' than what it 'can do'
India and the US will co-chair a 14-member special group on services negotiations, a move aimed at giving a boost to World Trade Organisation talks in services ahead of the Hong Kong Ministerial Conference in December.
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.
Meeting will confine discussion to processes involved in building consensus among members.
Trade ministers from 162 WTO countries will gather in Kenya's capital from Dec. 15-18 to work on an agreement to liberalise global trade.
India will welcome two trade missions in 2015 focused on meeting its infrastructure needs with US technology and services.
In a major victory for India, Suppachai Panitchpakdi, director-general of World Trade Organization said on Friday that any deal to break the impasse in the contentious farm trade talks
India on Wednesday castigated a draft Doha Rules text for seeking to legalise the controversial practices of "one member" - the United States - against the "overwhelming view" of all other countries in imposing anti-dumping measures.
WTO summit will see whether decade-long negotiations would go forward or be brought to an end.
Adverse IPR report expected this week;Poor labelling could take fight to WTO