Sunday, 16 January, 2022
TopicWorld Trade Organization

Topic: World Trade Organization

American Precoat Speciality’s Shubh Gautam helps start probe in Electro-Galvanised Steel dumping

The probe by India was initiated based on a written application by American Precoat Speciality Pvt. Ltd., led by its promoter and Chief Technical Architect Dr. Shubh Gautam.

Revised India-SA proposal seeks ‘immediate’ talks at WTO to waive IP rights on Covid products

Revised proposal submitted by India & South Africa Saturday still firm on waiver of intellectual property rights for all Covid products. US supports waiver only for vaccines.

Even if WTO waives patent rights, no country can start making a Covid vaccine immediately

164 member countries of WTO are yet to begin talks to discuss the IPR waiver on Covid vaccines. Experts say it could take 'a month to a year' to have broad-based consensus.

US, Europe still oppose India-SA plan to waive Covid vaccines’ IPR, WTO to discuss on 4 Feb

India has told WTO that due to new restrictions in intellectual property, countries are facing delays in their Covid vaccine rollout programmes.

At WTO’s India review, US, China and EU slam its ‘increasing’ trade barriers

US says if restrictions aren’t checked, India can’t be integrated into global supply chains. China raises FDI issue, EU says Covid has amplified barriers.

Global economic recovery from pandemic seen extending past 2021

The WTO & IMF said while the early days of pandemic recovery were stronger than expected, the rebound is likely to take longer than earlier predicted.

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.

Gold hallmarking mandatory in India from 1 January, jewellers fear ‘GST-type’ slowdown

Modi government plans to implement gold hallmarking across the country in four phases, starting with the metro cities.

World leaders at Davos rush to defend globalisation & multilateralism

Merkel, Abe & China's Wang also call for an end to the trade wars that President Donald Trump has launched.

Is it time to listen to Trump and reform WTO?

The WTO has limitations but it cannot act on its own; it has to wait for member-nations to take the initiative.

On Camera

YourTurn

RBI proposes changes to valuation of bank investments, relaxing of investment class rules

A Reserve Bank of India discussion paper Friday suggested removing caps on the Held-To-Maturity class of securities, and allowing more types of instruments to be held within them.

Defence

A visual from the crash site in Tamil Nadu. | Photo: Twitter/ANI

CDS chopper crash was caused by weather change, leading to Controlled Flight Into Terrain: IAF

In Friday statement, IAF says tri-service Court of Inquiry ruled out mechanical failure, sabotage or negligence as cause of accident involving Mi-17 V5 helicopter last month.
Illustration by Soham Sen | ThePrint

Read my lips, I’m hurting, says Pakistan’s National Security Policy. What it means for India

The new policy is mostly chaff, but it reveals the most inward-looking Pakistan in 3 decades. It needs breathing space, and is realising loss of stature and friendship with US.
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