It's time Indian parliamentarians learnt to view global economic frameworks without the narrow prism of domestic politics
'Indian entrepreneurs became traders for Chinese goods rather than producers of goods.'
Projecting a dip in world trade growth in 2005, WTO has asserted on creation of more opportunities.
He underlined that Lok Sabha election results in India show that the Modi government kept alive and strengthened the 'expectation of change' in the country.
Three million tonnes of buffer stock, where the government bears the interest and insurance cost, was announced by the Centre only for a year and that period is ending in June.
The Doha negotiations has been virtually stalled since July 2008.
Describing the surge of COVID-19 infections and deaths in India as 'nothing short of heartbreaking', Vice President Kamala Harris said on Friday that India's welfare is critically important to the US.
In a veiled attack on Congress and Samajwadi Party, Prime Minister Narendra Modi accused them of continuing to practice vote-bank politics to divide society and asserted that disturbance of peace and harmony will not be tolerated.
'We do India great disservice if we continue to perpetuate a flawed narrative on trade, one based on myths rather than facts,' says Hardeep Singh Puri.
Joseph Stiglitz accuses the US of negotiating over issues already settled at the World Trade Organization.
"I am very impressed with India's ability to stand up and defy the international regime which has no regard for the food security of 600 million farmers and 800 million hungry people," says Devinder Sharma.
India has demanded resumption of export benefits to certain domestic products under GSP, and greater market access for its products from sectors like agriculture, automobile, auto components and engineering. On the other hand, the US wants greater market access for its farm and manufacturing products, dairy items and medical devices, data localisation, and import duties cut on some ICT products.
Existing trade deals, especially the 2009 pact with the Asean bloc, have been panned by the Centre for not boosting exports but flooding the domestic market with cheap imports. Subsequently, New Delhi has called for reviewing FTAs with Japan and South Korea. Going by that, a trade deal with the US is unlikely to be beneficial, say experts.
India on Wednesday said it had scored a significant gain at the World Trade Organisation in a dispute with European Community over tariff preferences extended by the latter.\n\n\n\n
Biden, who during his visit to India in 2013 had set the target of increasing the bilateral trade to $500 billion.
Minister of State for Commerce and Finance Nirmala Sitaraman, in Mumbai to address election rallies, took time out to talk about the economy, foreign investment and trade facilitation.
The Swadeshi Jagran Manch has asked the government to go back on its WTO commitments until the rich nations fulfilled their promises
Supreme Court is saying that consumers should not be forced to pay higher prices just because it is chemically a new drug unless there is a therapeutic benefit involved.
Specific difficulties and last-minute backtracking now can only be overcome by trade ministers at a biennial meeting on Dec 3-6.
In his address to RIC Foreign Ministers, Wang said the three countries should 'correctly handle and properly deal with sensitive factors in bilateral relations and safeguard the overall interests of mutual relation', without directly referring to the current round of India-China military tensions along the Line of Actual Control, (LAC).
World Trade Organisation (WTO) states appeared to edge closer towards a crucial deal on cheaper medicines for poor countries to help them face emergencies such as AIDS, malaria and tuberculosis.
Says Indian Patent Law conforms fully with global obligations under the WTO IPR pact-TRIPS.
It was government policies, not ITA-I, according to a recent study.
Trump said if elected the US under his administration would pursue right away to bring back jobs.
Success of the Ministerial meeting depends on the WTO members putting together the broad contours of a deal by August.
'The PM cannot give a single reason why farmers should trust him.'
'There will be much for President Trump and Prime Minister Modi to discuss including growing Chinese military cooperation with Pakistan, which heralds a new attempt by China and Pakistan to neutralise India's influence in its Indian Ocean neighbourhood,' notes Ambassador G Parthasarathy.
Imports too tumbled by 58.65 per cent to $17.12 billion in April from $41.4 billion in the same month last year, according to the data by the commerce and industry ministry.
The body is form to restore health of oceans.
Though the countries are lowering international trade restrictions, there is still fear that they may resort to policies that discriminate foreign investors due to weak economic recovery.
Merchandise exports, led by Asia, rose by 19 per cent last year to $18.2 trillion.
oreign Policy magazine named him as one of the world's top 100 global thinkers in 2011.
This is a high-stakes strategic conflict between a power which wants to preserve the status quo in its favour and one which wants to usurp that throne. The rest is all theatre, says Harsh V Pant.
Duty-free and quota-free access in favour of LDCs is a commitment undertaken by WTO members at the launch of the Doha Round in 2001.
