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INDIA WTO PLURILATERAL AGREEMENTS
India proposes 8 guardrails in softening of stance on plurilateral pacts at WTOIndia has proposed eight safeguards for plurilateral agreements at the WTO. These safeguards aim to preserve consensus-based decision makin...
India’s billion-dollar trade juggernaut has an unwanted case of missing balanceIndia’s early FTAs promised a two-way trade highway, but 15 years later the traffic looks decidedly one-sided. Deficits with ASEAN, Japan a...
$3 trillion gain or a 10% GDP loss? WTO sounds a trade alarmThe WTO’s World Trade Report 2026 says strengthening the global trading system could lift global GDP by 2.9%, or about $3 trillion, by 2050...
India’s strategic autonomy faces a trade test as WTO warns non-aligned economies could pay a price for fragmentationIndia's foreign economic policy aims for broad trade ties. The WTO warns of rising costs in a fragmented global trade system. India's numer...
Trade fragmentation could hit poor economies much harder than rich ones, WTO warnsGlobal trade fragmentation will severely impact the world's poorest economies. Least-developed countries could see GDP fall significantly b...
India clears 642-car import quota from UK under India-UK trade agreementIndia's Directorate General of Foreign Trade approved seven companies to import 642 cars. These imports will occur under the India-UK free ...
BNP Government of Bangladesh reviews 101 pacts signed with IndiaDhaka is reviewing one hundred and one agreements signed with New Delhi. Bureaucrats trained in India over the past decade may face scrutin...
WTO cites India-EFTA trade deal as unilateral mechanism to achieve market access outcomeTrade agreements beyond the multilateral trading system can also offer examples whereby unilateral enforcement mechanisms have been tailore...
Piyush Goyal to visit US for G20 trade talks as India eyes key FTA milestonesCommerce Minister Piyush Goyal will attend the G20 trade ministerial in Milwaukee this month. He is expected to hold bilateral talks with t...
A 'Prisoner’s Dilemma' is driving the trade war & the costs could be hugeThe WTO’s World Trade Report 2026 says global trade is caught in a “Prisoner’s Dilemma”: countries have an incentive to protect their own m...
India gains wider EU steel access, but carbon levy remainsIndia will export up to 1.64 million tons of steel annually to the European Union. This includes an additional preferential quota of 694,85...
India, Canada begin next round of talks on proposed trade pact: OfficialIndia and Canada have begun the fourth round of negotiations for a proposed Comprehensive Economic Partnership Agreement (CEPA), with both ...
BRICS leaders adopt New Delhi declaration, voice concerns over 'unilateral' tariffs and non-tariff trade barriersBRICS adopted the New Delhi Declaration, expressing serious concern over rising unilateral tariffs. The bloc also condemned coercive measur...
'Might makes right' does not hold: China's Xi Jinping calls for Global South to jointly defend rule of lawChinese President Xi Jinping urged Global South nations to defend international law and reject might makes right. He called for a more equi...
Consumers deserve nutritional information on food packs; industry backs FSSAI move: Orkla IndiaOrkla India MD and CEO Sanjay Sharma backed FSSAI’s proposed front-of-pack labelling (FOPL) norms, saying consumers have the right to clear...
BRICS urges IMF, World Bank reforms, condemns unilateral tariffs, secondary sanctionsBRICS leaders adopted the New Delhi Declaration, expressing serious concerns over unilateral trade measures. They called for the eliminatio...
BRICS for immediate restoration of fully functioning WTO dispute settlement systemBRICS leaders strongly advocate for restoring the WTO dispute settlement mechanism. They committed to strengthening the organization throug...
BRICS 2026 calls for bigger emerging-market voice in IMF, World Bank; criticises unilateral tariffsBRICS finance leaders urged greater emerging market representation in global financial institutions. They also advocated for increased loca...
World goods trade gains momentum despite Middle East conflict, AI demand cushions blow: WTOGlobal merchandise trade shows resilience, with volumes remaining above trend. Strong demand for electronic components fuels growth, offset...
India’s WTO resistance risks slowing investment in developing nationsThe IFDA has backing from 131 WTO members, including 94 developing countries, and focuses on reducing red tape and making it easier to attr...