The commerce ministry has moved a Cabinet note for inter-ministerial consultations to finalise India's offers on services for the World Trade Organisation.
India has asked the developed countries to implement their part of obligations under the World Trade Organisation, reduce agriculture subsidy and make their market accessible to developing countries.
The government on Thursday approved the broad strategy for World Trade Organisation services negotiation under which India would be willing to open up several services
India's Permanent Representative to the UN Ambassador T S Tirumurti said India remains on the side of peace.
India would have a new World Trade Organisation-compliant patent regime by January 1, 2005, apart from making India competitive
After the European Union, Taiwan could take India to the World Trade Organisation with regard to its anti-dumping measures.
India's Ambassador at the World Trade Organisation K M Chandrashekar is all set to become the new revenue secretary and special secretary S N Menon will become the new commerce secretary.
India's shrimp exporters heaved a sigh of relief last week following the decision of World Trade Organisation's anti-dumping panel to set July 24 as the deadline for the final hearing on the issue.
Under pressure from the United States and the European Union, which have dragged it to the World Trade Organisation over high duties on wines and spirits
Ahead of the crucial World Trade Organisation General Council meeting in Geneva next week, India on Saturday said it would not compromise on food security and livelihood concerns and demanded substantial changes in the draft framework to make it acce
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.
Showing respect to the Indian flag, Prime Minister Narendra Modi on Wednesday immediately picked up the tricolour placed on stage at a BRICS meeting here to mark the standing place of every leader so as not to step on it.
'Many countries believe that if they join BRICS, they will be seen as emerging countries and their stature will be enhanced.' 'G-20 still has common action plans while BRICS does not do that much.'
There is no proposal under consideration to give India the Most Favoured Nation status, Pakistan Commerce Minister Khurram Dastgir Khan has said.
Ajay Banga was on Wednesday appointed the next president of the World Bank, becoming the first-ever Indian-American to head the global financial institution which said it looks forward to working with him at a time when it's tackling the toughest development challenges facing developing countries. "The executive directors of the World Bank today selected Ajay Banga as president of the World Bank for a five-year term beginning June 2, 2023," the bank said in a press statement. In February, President Joe Biden announced that the US would be nominating Banga, 63, to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history."
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 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'.
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.
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.
