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WTO MULTILATERAL TRADING SYSTEM
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...- School Assembly News Headlines, September 16, 2026: Top national, international, business, sports updates and thought of the daySchool assembly news headlines (September 16):Delhi is set to develop hostels catering to 10,000 students, while Google faces scrutiny conc...
- 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...
- 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...
- $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...
- BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitionsBRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more...
- Kazakhstan President proposes establishing a BRICS Plus Partnership on Artificial IntelligenceKazakhstan's President Tokayev urged greater trust and dialogue among major powers. He advocated for United Nations Security Council reform...
- '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...
- 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...
- 'UNSC reform can no longer be delayed': UN backs PM Modi's UNSC reform push, credits India's BRICS PresidencyThe UN spokesperson supports Prime Minister Modi's call for Security Council reform. He stated the current structure does not reflect 21st-...
- BRICS Summit 2026: PM Modi launches two postage stamps commemorating 20 years of the blocPrime Minister Narendra Modi on Saturday announced the unanimous adoption of the New Delhi Declaration 2026 at the BRICS Summit, following ...
- 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...
- De-dollarisation: BRICS takes a measured route, focuses on payments and not on common currencyThere is no mention of a common BRICS currency or a formal call for replacement of the US dollar. Instead, the document sticks to the more ...
- India-BRICS trade increased more than 100% during last five years to USD 417 billion in 2025-26: ASSOCHAMIndia's trade with BRICS nations has significantly increased over recent years. Outbound shipments to BRICS partners are projected to reach...
- 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...
- BRICS flags unilateral tariffs, trade barriers as global risksBRICS finance ministers voiced serious concerns over unilateral trade measures. Higher tariffs and non-tariff barriers are distorting globa...
- 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...
- Shipping nations warn global trade is fracturing — and everyone paysThe Strait of Hormuz, which Iran effectively shuttered after the US and Israel launched strikes against it in February, is a stark example ...
- BRICS Summit 2026: Key likely outcomes as India drives a transformative global agenda in New DelhiIndia's chairship framework is organised around four primary pillars, starting with Resilience, which aims to protect institutions, societi...
- 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...
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