international trade

Moscow, March 31 Russia is ready to supply fertilizers and other agricultural products to countries in the Global South and East, a senior Russian official said on Tuesday.The closure of the Strait of Hormuz due to the West Asia conflict has impacted the global economy.At a briefing for...

March 31, New Delhi – The Iranian parliamentary commission has approved plans to impose tolls on vessels transiting the Strait of Hormuz.According to state media, the proposal includes financial arrangements in local currency, cooperation with Oman, and also includes the "prohibition of...

Beijing, March 31 China said on Tuesday that three of its ships carrying oil supplies have passed through the Strait of Hormuz and thanked relevant parties for their facilitation and coordination.Following coordination with relevant parties, three Chinese ships recently transited the Strait of...

Beijing, March 31 China said on Tuesday that three of its ships carrying oil supplies have passed through the Strait of Hormuz and thanked "relevant parties" for facilitation and coordination."After coordinating with relevant parties, three Chinese ships recently transited the Strait of...

New Delhi, March 31 Seventy-five exhibitors from across the country will showcase athletic gear, equipment, and apparel for various disciplines at the 4th India Sporting Goods Fair (ISGF), which will take place from Wednesday, amid the government's push to position India as a global hub for the...

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...