The order will not just outline the problem, but will also provide alternative solutions to them.
At the receiving end of the protectionism are countries like India and China, the latter being the shopfloor of the world. India is hit on another front as it is the largest outsourcing play in the IT space.
The comments assume significance in the wake of Indian companies, specially IT services providers, getting concerned over protectionism by the US and several other countries. Sitharaman said, "Let us also understand that not just Indian companies in the US, several big US companies are in India too.
Referring to what has happened in the world in terms of eradicating poverty, he said China has had the strongest experience as 800 million people have been lifted out of penury.
Commerce and Industry Minister Nirmala Sitharaman said India has submitted a proposal to the World Trade Organisation (WTO) seeking an agreement on trade facilitation in services.
The BRICS nations include Brazil, Russia, India, China and South Africa.
In the entire 2015-16, these zones had received duty exemptions worth Rs 52,216 crore, according to the data given by Commerce and Industry Minister Nirmala Sitharaman in a written reply to the Lok Sabha.
When China joined the WTO in 2001, it was agreed that other member states could treat it as a non-market economy for 15 years.
The WTO's dispute settlement today set up a panel to resolve the dispute between Japan and India over imposition of safeguard import duty on iron and steel products. As both the sides failed to resolve the issue in the bilateral consultation process, Japan had sought formation of dispute resolution panel.
The announcement, which would come just days ahead of Trump's first meeting with his Chinese counterpart Xi Jinping, is widely seen as targeting China.
"Japan has requested the WTO Dispute Settlement Body for establishment of the panel in the WTO dispute...alleging that India's safeguard measures on certain iron and steel products are inconsistent with the WTO obligations," Commerce and Industry Minister Nirmala Sitharaman said in a written reply to the Lok Sabha.
The country has asked to end the discriminatory salary requirements. It has also proposed to the WTO to make the visa fees more reasonable and transparent.
Commerce and Industry Minister Nirmala Sitharaman said member countries of the World Trade Organisation (WTO) can learn lessons from the negotiations on the trade facilitation agreement in goods, which took long time for conclusion. On the lines of the trade facilitation pact in goods, India has submitted a detailed proposal to the WTO to negotiate a trade facilitation agreement in services (TFS).
"Even within the country, the value chains which will get integrated, will have a simpler and straightforward flow (of goods) and therefore, it should make exports more competitive rather than expensive," she told reporters.
Trump has warned that the United States will impose a border tax of 35 percent on cars that German carmaker BMW plans to build at a new plant in Mexico and export to the US market.
The government expects the move to boost sales of local companies such as JSW Steel and Tata Steel , and eventually attract global steelmakers such as ArcelorMittal and POSCO to invest in the country, five steel ministry sources told Reuters.
The US decision marks a clear break from past and could threaten the viability of the WTO's Dispute Settlement Body (DSB), where major trade conflicts are often adjudicated.
A 1982 batch IAS officer from Uttar Pradesh, Deepak, who is at present attending the World Mobile Congress at Barcelona, has been shifted with "immediate effect" from the telecom ministry and has been made Officer on Special Duty in the commerce department, an official order said.
Implementation of the Trade Facilitation Agreement (TFA) of the World Trade Organisation (WTO) will bring down the cost of exporters by up to Rs 15,000 per 40 equivalent units (TEU) of container, a senior Central Board for Excise and Customs (CBEC) official said here today.
The agreement, which seeks to ease customs norms, came into effect yesterday with two-thirds of WTO members ratifying the pact.
Japan has dragged India to the World Trade Organization against certain measures taken by New Delhi on imports of iron and steel products.
Domestic aluminium makers want minimum import price (MIP) to protect against surge of cheap imports, but the commerce ministry â€œcautiousâ€ as move may not be strictly WTO-compliant
It's a striking shift within the American community here, which had long lobbied Washington against taking more aggressive policies, fearing they could draw retribution from China's leaders.
Commerce and Industry Minister Nirmala Sitharaman also said the team will make sure India's proposal for trade facilitation agreement (TFA) in services gathers momentum.
"Many questions were asked about global situation, trade in general, what was happening at WTO, what are the expectations from the next ministerial meeting. They also asked questions about e-commerce as they wanted to know what is going on at WTO," Azevedo told reporters here.