India moots 3-pt plan to fully revive dispute settlement body

India emphasizes restoring the appellate body as the top priority in the WTO dispute settlement system reform. New Delhi proposes a three-point action plan, opposes the EU’s MPIA proposal, and calls for formalizing ongoing informal discussions. Disputes can be settled through adjudication or a mutually agreed solution.

India criticizes the Global North’s hidden agenda of using non-tariff barriers for market access. It urges the WTO to address services trade and mobility issues while emphasizing free trade and addressing the disparity in micro, small, and medium enterprises (MSME).

India and South Africa’s objection to China’s investment facilitation initiative at the WTO affects developing countries including the Least Developed Countries, highlighting the vulnerabilities, the need for flexibilities in existing rules, and support for infant and young industries through conducive policies, incentives, and subsidies.

Negotiations at WTO’s Ministerial Conference on fish and farm subsidies are stuck. Developed countries resist developing nations’ demands. EU and US block pro-development agenda. Green room meetings continue. Little action seen on promises made by developed nations for development matters.

Amid pressure, New Delhi said that at least five outcomes were in place at the World Trade Orgnaisation MC13, including new disciplines on services domestic regulation. The developing countries are facing demands from richer nations regarding environment, labour, and gender issues.

These WTO (World Trade Organisation) members are taking the additional obligations under the General Agreement on Goods in Services (GATS) to ease non-goods trade among themselves and extend similar concessions to all other members of the WTO.

Vietnam has recently imported husked brown rice from India for the first time in years, aiming to process it into refined white rice for export, capitalizing on high global demand. This move comes as Vietnam faces increased export orders following India’s ban on white rice exports in 2023. Vietnamese rice shipments hit a record 8.3 […]

Exporters have requested fair distribution of the onion export quota amid confusion caused by conflicting statements from political leaders and senior government officials. The ban on exports remains, but a limited quota has been allowed to Bhutan, Bahrain, Bangladesh, and Mauritius.

India’s Commerce Minister, Piyush Goyal, was absent at the start of a major World Trade Organization (WTO) meeting in Abu Dhabi, causing concerns about the impact on discussions. Goyal is a key player in the trade negotiations focusing on fisheries and digital trade tariffs. However, WTO Director-General Ngozi Okonjo-Iweala stated that Goyal’s participation delay was […]