WORLD TRADE ORGANIZATION

Indonesia and Thailand have raised concerns at the World Trade Organization about India's quality control orders. The orders cover products like medical textiles, footwear and viscose staple fibre. They also questioned measures restricting imports o...

The Central Board of Indirect Taxes and Customs (CBIC) appointed two new members to its board. Mohan Kumar Singh, current Director General of Revenue Intelligence, will assume his role on December 1, 2024. Yogendra Garg, Principal Director General o...

Commerce and Industry Minister Piyush Goyal suggested the ITPO hold two annual editions of the flagship trade fair. He inaugurated the 43rd IITF at Bharat Mandapam. Goyal also suggested starting India's fair in other parts of the world. He added the...

Dr. Victoria Panova, a BRICS expert, highlights Russia's successful BRICS chairmanship amidst geopolitical shifts. She emphasizes BRICS' focus on global governance reform and its non-confrontational approach. Panova sees India as a vital contributor...

India has implemented anti-dumping duties on Epichlorohydrin imports from China, Korea, and Thailand for the next five years. This decision, reached after an investigation by the Directorate General of Trade Remedies, aims to protect domestic indust...

Ngozi Okonjo-Iweala was the only candidate for the World Trade Organization's top job. The WTO faced challenges during Trump's presidency, including tariffs and blocked judge appointments. Okonjo-Iweala, the WTO's first female and African leader, ai...

The US recently imposed sanctions on several Indian companies for allegedly supporting Russia's military activities in Ukraine. The think tank GTRI advises Indian businesses to navigate these sanctions carefully to protect their interests. GTRI sugg...

Li's remarks on the economy underscore Chinese officials' persistent optimism that they can reach their expansion target in the face of weak consumer sentiment, deflationary pressures and property market woes.

India's Directorate General of Trade Remedies (DGTR) has recommended anti-dumping duties on PVC resin imports from seven countries, including China and the US. The DGTR found that these countries were selling PVC resins below market value, harming I...

India's Commerce Minister Piyush Goyal stated that the country does not view US-China tensions as beneficial. He emphasised India's self-reliance, democratic strengths, and young population. Goyal also highlighted the role of diplomacy in resolving ...

India is leveraging its democratic institutions, rule of law, and youth talent rather than seeking advantage from US-China trade tensions, Commerce and Industry Minister Piyush Goyal stated. He emphasized India's focus on self-reliance and diplomacy...

The cuts to the loan prime rate — which is set by a group of big Chinese banks — come after the PBOC outlined steps last month to encourage households and companies to borrow money.

India has established a committee to tackle challenges from the EU's Carbon Border Adjustment Mechanism. The group includes members from key ministries and industries. They will review and recommend methodologies for emission reporting. The CBAM imp...

BRICS leaders committed to promoting a two-tier binding dispute resolution system within the WTO by 2024, rejecting unilateral trade restrictive measures. The Kazan Declaration emphasised support for a transparent, inclusive multilateral trading sys...

India, supported by 48 countries, has proposed a Dispute Settlement Fund at the WTO to help poor countries with the costs of trade dispute litigation. The fund would cover expenses like appointing experts and data collection. India also suggested re...

Leading economist Jagdish Bhagwati asserts that this is the Indian century under Prime Minister Modi’s leadership, urging for cautious optimism. He highlights the need for flexibility amid rising trade protectionism, suggesting multiple trade partne...

The EU voted on Friday to boost tariffs as high as 45%, arguing that Beijing provides unfair subsidies to its carmakers.

India's Directorate General of Trade Remedies has begun investigations into alleged dumping of six products from China, based on complaints from domestic industries. The probes cover chemicals, electrical steel, and toner cartridges, and may lead to...

The WTO warns that unilateral approaches to the digital economy and low-carbon transition could cause trade tensions and distortions. It emphasizes the need for multilateral policies to reduce poverty and inequality, benefiting vulnerable groups. Th...