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World Trade Organization

Intergovernmental trade organization

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World Trade Organization: Intergovernmental trade organization
The World Trade Organization (WTO) is an intergovernmental organization headquartered in Geneva, Switzerland that regulates and facilitates international trade. Governments use the organization to establish, revise, and enforce the rules that govern international trade in cooperation with the United Nations System. The WTO is the world's largest international economic organization, with 166 members representing over 98% of global trade and global GDP.

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China Accuses U.S Of ‘Two-Faced’ Policies, Vows Retaliation Against Tariffs, Sanctions Amid Tensions [Video]

China Accuses U.S Of ‘Two-Faced’ Policies, Vows Retaliation Against Tariffs, Sanctions Amid Tensions

China has accused the US of pursuing “two-faced” policies, slamming Washington for imposing tariffs despite Beijing’s efforts to cooperate on global issues. Chinese Foreign Minister Wang Yi..

Credit: Oneindia     Duration: 03:30Published
Trump Trade War: 'One Country, Two Systems' Not Anymore? US Hits Hong Kong with China-Level Tariff [Video]

Trump Trade War: 'One Country, Two Systems' Not Anymore? US Hits Hong Kong with China-Level Tariff

Hong Kong is up in arms after the U.S., under Trump’s trade policies, imposed a 10% tariff on its exports—treating the region just like mainland China! Officials are calling it a direct attack on..

Credit: Oneindia     Duration: 03:01Published
EU holds cards when negotiating with Trump on tariffs, says ex-WTO chief Lamy [Video]

EU holds cards when negotiating with Trump on tariffs, says ex-WTO chief Lamy

There's a range of options for the EU to open trans-Atlantic negotiations to persuade US President Donald Trump not to slap harmful tariffs on EU goods, the former EU trade commissioner and WTO chief..

Credit: euronews (in English)     Duration: 12:00Published
China Strikes Back: Imposes 15-25% Tariffs on US Imports in Retaliation Against Trump’s Trade War [Video]

China Strikes Back: Imposes 15-25% Tariffs on US Imports in Retaliation Against Trump’s Trade War

China has announced tariffs ranging from 15% to 25% on US imports, including coal, LNG, and crude oil, in response to Donald Trump’s trade measures. The Chinese Ministry of Commerce condemned the..

Credit: Oneindia     Duration: 03:09Published
Trump’s Trade War| After Mexico and Canada, China Hits Back at Trump’s Tariffs; to Sue US at WTO [Video]

Trump’s Trade War| After Mexico and Canada, China Hits Back at Trump’s Tariffs; to Sue US at WTO

China has announced plans to file a lawsuit at the World Trade Organization (WTO) in response to U.S. President Donald Trump's new tariffs on Chinese goods. The tariffs, which are set to take effect on..

Credit: Oneindia     Duration: 04:17Published

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Congress criticized PM Modi over Trump's proposed reciprocal tariffs, arguing they conflict with international trade principles. Congress leaders expressed concerns about the impact on India's..
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At WTO, India cites fishing subsidy gap, seeks relook

India is pushing for a per capita subsidy approach in global fishing negotiations. The current aggregate model favors wealthy nations with large fishing industries, disadvantaging countries like India..
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Five WTO nations allege India provides excessive market support to wheat, rice

Five WTO members have accused India of exceeding market support for wheat and rice, potentially distorting global trade. They claim India's support for rice production has surpassed 87% of its value,..
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A section of WTO nations question India's farm input subsidies

WTO members, including the US and the UK, raise concerns over India's $48 billion farm subsidies for 2022-23, citing inflation and fertilizer costs. India defends the increase, stating it notified the..
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Farmers' Protest: Why are farmers demanding India's withdrawal from WTO?

WTO deals with the rules of trade between nations and India has been a member of WTO since January 1995.
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IAS officer Senthil Pandian India's envoy to WTO


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At COP28, India needs to flag misconception that exports, imports add to global carbon emissions: GTRI

A think tank has urged India to address misconceptions about the contribution of global trade to carbon emissions during the United Nations climate change conference COP28 in Dubai. The think tank also..
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India agrees to cut tariffs on US frozen turkey, duck, fresh blueberries

With India and the US announcing the resolution of their last trade dispute on poultry products at the WTO, New Delhi has agreed to reduce tariffs on certain American products like frozen turkey,..
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India, US to end poultry dispute

According to a joint statement released following a meeting between Prime Minister Modi and President Joe Biden on Friday, India and the US have resolved their long-running trade dispute over chicken..
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G20 Summit: WTO Director General arrives in New Delhi

Ngozi Okonjo-Iweala, the Director General of the World Trade Organisation (WTO), arrived at the New Delhi airport on Thursday night to participate in the G20 Summit.
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India junks retaliatory duty on US goods; both withdraw 6 WTO cases


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