Tuesday, 24 May, 2022
TopicWorld Trade Organisation

Topic: World Trade Organisation

India loses WTO dispute on sugar-export subsidies

India’s policies were inconsistent with WTO rules that govern the levels at which nations can subsidise domestic agricultural production, said the official trade body statement.

From food fights to gender — here’s what to expect from the next WTO conference

Although the 12th Ministerial Conference has been postponed due to travel restrictions, nations will be ready for talks on a host of issues.

Trade restrictions are delaying the COVID response. The WTO must act

WTO should work on eliminating tariffs across the value chain for COVID-related products like vaccines, therapies, and diagnostics needed to fight the pandemic.

India, South Africa patent waiver proposal in WTO gained huge mileage, says govt official

Commerce Secretary Anup Wadhawan said that the text-based negotiations is the way forward and it means that the members have broadly accepted the objective behind waiver proposal.

At WTO meet, Delhi objects to EU & Taiwan ‘rush’ to corner India on import tariff hikes

Japan has also joined the dispute against India at WTO over import tariff hikes imposed on information and communications technology in 2019.

Two senior IAS officers in PMO appointed to World Bank, World Trade Organisation 

While IAS officer Rajiv Topno will serve as senior advisor in World Bank, Brajendra Navnit will be ambassador to the Permanent Mission for India (PMI) at WTO. 

The World Trade Organization is hurtling towards irrelevance

Global trade liberalisation — the original purpose of the WTO — hit a wall more than a decade ago when the Doha round of talks collapsed.

Arrogance tarnished WTO’s international credibility. What replaces it will be even worse

In the absence of a surprising reversal from Donald Trump, the World Trade Organisation will cease to exist. More likely than not, it can never be revived

Serena Williams claims ‘sexism’ in tennis & probiotics are now being called ‘useless’

Nepal to now access Chinese sea ports, and Spix's macaw go extinct in the wild.

Cancer fighting genetic tool ‘Crispr’ is now being used for improving quality of crops

US and Europe, however, have contrasting policies on genetically modified crops which could possibly start a costly trade dispute.

On Camera

YourTurn

Golden Temple

What Akal Takht must know about harmonium and music before banishing it from Golden Temple

In an era where India’s past and ‘purity’ are constantly being dug up and debated, the humble harmonium has become the latest victim.

World’s $300 trillion in debt. Here’s what it means for services like health, education

To meet debt payments, at least 100 countries will have to reduce spending on essential services, the IMF estimates.

Defence

Boeing's F/A-18 Super Hornet pulls off its first successful launch from a ski-jump at Naval Air Station Patuxent River, US | Photo credit: Boeing

2 American Super Hornets in India as Boeing looks to showcase fighters for Navy deal

Navy looking at about 26 multi-role deck-based fighters for its aircraft carrier. Visit by Super Hornets comes close on heels of similar trip by competitor Rafale M of Dassault Aviation.

Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation

That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.
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