international trade

Australia will halve its fuel excise tax until the end of June to help ease costs for households amid a surge in fuel prices caused by the conflict in the Middle East. Australian Prime Minister Anthony Albanese made the announcement today as the international benchmark for crude oil rose above...

New Delhi, March 29 Member countries intensified efforts to resolve differences regarding further extending the moratorium on e-commerce customs duties on the final day of the 14th Ministerial Conference in Yaounde, Cameroon, sources said.While some countries oppose an extension or favor a...

New Delhi, March 28 India said on Saturday that it has strongly opposed the contentious China-led Investment Facilitation for Development (IFD) Agreement, which it seeks to incorporate into the WTO framework.Incorporating the IFD agreement risks eroding the functional limits of the WTO and...

New Delhi, March 28 Commerce and Industry Minister Piyush Goyal said on Saturday that consensus-based decision-making, most favoured nation (MFN) rule-based trade, and special and differential treatment in the WTO are key to ensuring balance in global trade.He also emphasised the need to...

Lahore, March 28 The Pakistani government has accused Imran Khan, the former prime minister who is currently in jail, of attempting to undermine the country's GSP Plus status, under which the country enjoys relatively lower tariffs on exports, through his speech at a UNHRC summit in Geneva...

New Delhi, March 28 A sharp divide exists at the ongoing ministerial conference of the World Trade Organization (WTO) in Cameroon over the moratorium on customs duties for e-commerce, think tank GTRI said on Saturday.It said that while the US is pushing for a permanent extension of the...

Union Minister of Commerce and Industry, Piyush Goyal, has stated that discussions at the World Trade Organization (WTO) must address the imbalance created during the Uruguay Round. He emphasized that all member countries should have a fair opportunity to build productive capacity, create jobs...

Commerce and Industry Minister Piyush Goyal stated that rebuilding trust is essential for revitalizing consensus-driven decision-making, which is a non-negotiable and fundamental principle of the World Trade Organization. He made this statement while addressing a Ministerial Breakout Session at...

New Delhi, March 27 The government announced on Friday that it would remove the value limit per consignment for exports through courier service from April 1 this year.Previously, the limit was Rs 10 lakh per consignment.This move is expected to support small exporters and shipments...

New Delhi, March 27 India on Friday said the consensus-driven decision-making process of the World Trade Organisation (WTO) is non-negotiable, describing it as the cornerstone of the multilateral body.Addressing a session on ‘Decision-Making and Past Mandates’ on the second day of the 14th...

March 27, New Delhi: India's Commerce Minister Piyush Goyal held a productive discussion with US Trade Representative Jamieson Greer on the sidelines of the WTO Ministerial Conference in Cameroon.They discussed the agenda of the WTO Ministerial Conference, the next steps in the India-US BTA...

Washington, March 27 – The Federal Communications Commission has launched a sweeping proposal to bring call center jobs back to the United States, tighten customer service standards, and crack down on illegal robocalls linked to overseas operations.The move, approved by the Commission this...

New Delhi, March 27 Commerce and Industry Minister Piyush Goyal held a meeting with his Chinese counterpart Wang Wentao on Friday and discussed trade-related issues.The bilateral meeting took place on the sidelines of the 14th Ministerial Conference (MC14) in Yaounde, Cameroon."Met Mr. Wang...

Commerce and Industry Minister Piyush Goyal met with Chinese Commerce Minister Wang Wentao on the sidelines of the 14th Ministerial Conference of the World Trade Organization in Cameroon. In a social media post, Mr. Goyal stated that they discussed the agenda of the 14th Ministerial Conference...

Union Minister for Commerce and Industry, Piyush Goyal, led the Indian delegation at the 14th Ministerial Conference of the World Trade Organization (WTO), which is currently taking place in Cameroon. The conference, which began yesterday, will continue until the 29th of this month.During the...

March 27, New Delhi - Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, stated that international crude prices have surged sharply in the past month, leading to a global rise in petrol and diesel prices.The Minister noted that while fuel prices have increased significantly...

March 27, New Delhi – Union Minister of Commerce and Industry, Piyush Goyal, is in Cameroon, where he is participating in the 14th Ministerial Conference of the World Trade Organization.During his initial engagement, the Union Minister emphasized that discussions on WTO reform should follow a...

New Delhi, March 26 Reliance Industries said on Thursday that it has not purchased crude oil of Iranian origin since the US temporarily removed sanctions to ease pressure on prices that followed the US-Israeli war on Iran.In a statement, Reliance termed reports of it buying Iranian oil as...

March 26, New Delhi – The 14th Ministerial Conference of the World Trade Organization (WTO) is scheduled to take place from March 26-29 in Yaoundé, Cameroon.The conference will bring together Trade Ministers from WTO member countries to discuss key issues affecting the global trading system...

March 26, New Delhi – European Union (EU) lawmakers gave their approval, subject to certain conditions, to the EU's side of its trade agreement with the United States on Thursday.The EU assembly voted in favor of the legislation with 417 votes to 154 and 71 abstentions, although with several...