The Deputy Speaker of the House of Representatives, Ben Kalu, has solicited the cooperation of the World Trade Organization (WTO) in boosting the exportation of primary products from Nigeria and Africa in general. Mr Kalu made the call, Monday, when he visited the Director-General of the WTO, Ngozi Okonjo-Iweala, in Geneva on the sidelines of … Read more
Bangladesh, Nepal and Sri Lanka have backed India’s proposal to initiate a work programme at the World Trade Organization (WTO) for cheaper, faster and more accessible cross-border payments including remittances. The three WTO members became co-sponsors to India’s submission even as the US and EU attempted to block it in the draft Abu Dhabi package, … Read more
Geneva — Since late last century and the early days of the web, providers of digital media like Netflix and Spotify have had a free pass when it comes to international taxes on films, video games and music that are shipped across borders through the internet. But now, a global consensus on the issue may … Read more
Abu Dhabi: India is a consensus builder and the world needs to see which countries are blocking outcomes, commerce and industry minister Piyush Goyal said Wednesday. At the third day of the 13th ministerial conference of the WTO, he said, “India is a consensus builder, but some countries are breaking that consensus,” Piyush Goyal said. … Read more
Abu Dhabi: India Tuesday sought a level playing field in agriculture citing that some developed countries were providing subsidies which were 200 times more than the support given by the developing countries to their farmers and called for introducing a moratorium on subsidies for fishing related activities beyond their exclusive economic zone (EEZs) or 200 … Read more
India is taking the “leadership” of the Global South but is also strengthening its ties with the Global North. (One could also speak of East and West). This fits into India’s policy of “re-balancing” its external relations. The North is seeing a growing shift of political and economic power towards the East. This shift is … Read more
Director-General of the World Trade Organization Ngozi Okonjo-Iweala speaks during the opening ceremony of the WTO ministerial meeting in Abu Dhabi, United Arab Emirates, February 26, 2024. | Photo Credit: Reuters India on February 26 expressed “serious” concerns in a WTO meeting in Abu Dhabi over increase in the use of trade protectionist measures by … Read more
China said it would not behave irresponsibly towards developing nations when countries try to strike a new World Trade Organization (WTO) agreement on combating overfishing later this month. “We will not compete with other developing members,” Li Chenggang, Beijing’s ambassador to the WTO, told a press conference on Thursday. After more than two decades of … Read more
