world trade organization

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    US Shifts Trade Strategy as WTO Remains Blocked

    Washington, April 8 – The United States has sharply criticised the functioning of the World Trade Organization (WTO), with US Trade Representative Jamieson Greer calling it “ineffective and dysfunctional” after the 14th Ministerial Conference failed to deliver meaningful reforms, particularly on...
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    India Advocates Longer Term for E-Commerce Duty Moratorium

    New Delhi, April 2 Extending the moratorium at the WTO on import duties for cross-border electronic transmissions for a longer period will bring more certainty and predictability to businesses, Commerce and Industry Minister Piyush Goyal said on Thursday.The 14th ministerial conference, which...
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    Goyal: India Prioritizes Principles Over Consensus at WTO

    New Delhi, April 2 India stood alone at the recently concluded WTO meeting in Cameroon in opposing a China-led proposal on the Investment Facilitation for Development agreement, Commerce and Industry Minister Piyush Goyal said, asserting that it is 'better to stand alone for the right than to be...
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    WTO Conference: India Focuses on Logistics, Small Economies, and Fisheries

    April 02, New Delhi: Trade ministers concluded the 14th Ministerial Conference of the World Trade Organization (WTO) in Yaoundé, Cameroon, on March 30 after four days of intensive discussions.Union Minister of Commerce and Industry Piyush Goyal highlighted three major decisions from the...
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    India and US Trade Agreement Negotiations Update

    New Delhi, April 2 Commerce and Industry Minister Piyush Goyal said on Thursday that India is seeking preferential market access for its products in the US and asserted that the country's relations with America are "very robust" with a deep strategic partnership across technology, defence...
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    WTO Conference Outcomes: India's Key Decisions

    Union Commerce and Industry Minister Piyush Goyal briefed the media today on the outcomes of the 14th Ministerial Conference of the World Trade Organization (WTO), which was held in Yaoundé, Cameroon, from the 26th to the 29th of the previous month.Speaking to the media in New Delhi, Mr. Goyal...
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    Hormuz Tensions Impact Asia, US Monitoring Situation

    Washington, March 31 – US Trade Representative Jamieson Greer said on Tuesday that the US is largely insulated from supply chain disruptions stemming from tensions in the Strait of Hormuz, but these disruptions are impacting key Asian economies."Right now, I think the key thing to understand...
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    WTO Dispute Settlement Faces New Challenges with TRIPS Moratorium Lapse

    New Delhi, March 30 The member countries of the World Trade Organization failed to reach a consensus on the issue of a moratorium on non-violation complaints under the Agreement on Trade-related Aspects of Intellectual Property Rights (TRIPS).This was discussed during the 14th ministerial...
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    Digital Trade Stalls: WTO Conference Ends Without Consensus

    New Delhi, March 30 – The WTO ministerial conference in Yaounde, which concluded on Monday, failed to reach any agreement on key issues, including the extension of the moratorium on e-commerce and reforms of the global trade body.The 14th ministerial conference (MC), which concluded in the...
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    No Consensus Reached at WTO Ministerial Conference

    New Delhi, March 30 The four-day Ministerial Conference (MC14) of the WTO concluded on Monday in Yaounde, Cameroon, with members failing to resolve the contentious issue of extending the moratorium on e-commerce customs duties.Cameroon's Minister of Trade, Luc Magloire Mbarga Atangana, the...
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    E-Commerce Duty Moratorium Extension Under Discussion at WTO

    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...
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    Trade Discussions Expand: Goyal Visits Canada

    New Delhi, March 29 Commerce and Industry Minister Piyush Goyal will visit Canada in May amidst ongoing negotiations for a free trade agreement between the two countries.On March 2, the two countries launched negotiations for a comprehensive economic partnership agreement (CEPA).The issue of...
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    WTO Fisheries Pact: India Pushes for Equity and Sustainability

    New Delhi, March 29 India has called for a 25-year transition period for developing countries, stricter regulations for industrial fishing fleets operating in distant waters, and a permanent exemption for small-scale and artisanal fishers under the second phase of the fisheries subsidies...
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    Boosting Trade Ties: India and Africa Collaboration at WTO

    March 29, New Delhi: Commerce and Industry Minister Piyush Goyal met with ministers and ambassadors from the Africa Group on the sidelines of the World Trade Organization's 14th Ministerial Conference (MC-14) in Cameroon.The discussions reaffirmed the deep-rooted civilizational and historical...
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    India-Cameroon Ties Strengthened at WTO Conference

    Commerce and Industry Minister Piyush Goyal addressed the Indian Community Reception in Cameroon on the occasion of the 14th World Trade Organisation (WTO) Ministerial Conference.In a social media post, Mr. Goyal stated that the Indian diaspora in Cameroon serves as a vital bridge...
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    India's Stand on Investment Facilitation at WTO Talks

    March 29, New Delhi: On the second day of the 14th World Trade Organization Ministerial Conference currently taking place in Cameroon, Commerce and Industries Minister Piyush Goyal emphasized India's firm stance on key trade issues.He highlighted India's willingness to stand alone on the...
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    WTO Conference Focuses on Fisheries and Mozambique Partnership

    Commerce and Industry Minister Piyush Goyal stated that fisheries in India are a crucial source of livelihood and food security, supporting over 9 million fishermen, primarily small, traditional, and artisanal fishermen who practice sustainable methods.He made this statement during the...
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    WTO Talks: India Stands Firm Against China-Led Investment Pact

    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...
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    India, Barbados Strengthen Bilateral Ties in Cameroon

    Commerce and Industry Minister Piyush Goyal met with Senior Minister of Foreign Affairs and Foreign Trade of Barbados, Christopher Peter Sinckler, in Yaoundé, Cameroon. The meeting took place on the sidelines of the 14th Ministerial Conference of the World Trade Organization (WTO). In a social...
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    Goyal: Consensus, MFN, and S&DT Key for Global Trade Balance

    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...
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