India in demand for trade deals as negotiations calendar heats up: Officials
Commerce and Industry Minister Piyush Goyal has attributed the upcoming flurry of trade talks to a direct impact of India’s firm, yet inclusive, leadership at the recently-concluded 12th Ministerial Conference (MC12) of the World Trade Organisation (WTO).
India is committed to creating an environment of competition among districts for exports: PM
Modi said the government will not only set short term but also long term targets for boosting exports. However, unlike previous governments, it will also create detailed roadmaps for individual items to reach that target, achieve zero defect zero effect among manufacturers, and world class packaging of products.
Exclusive| India to handle Maldives Yoga Day protest 'firmly but discreetly'
A mob chanting Islamist slogans stormed the Maldivian national stadium where over 150 people, including ambassadors from India, Bangladesh and the UK, were taking part in an International Day of Yoga event, co-organized by the Indian High Commission in Maldives.
Need faster dispute redressal, e-disposal of cases: Piyush Goyal to Consumer dispute redressal commissions
There is also a need for developing a sense of sensitivity and sympathy towards the fact that most of the complainants in the country's consumer grievance redressal mechanism were poor, weak consumers, the minister added.
WTO Summit | Through leadership and dissent, India attains centre stage at MC 12
India was a major component of the talks on almost all tricky issues during the four-day WTO ministerial conference, which had to be extended by two days to bridge differences among member-nations.
Spectacular success for India at WTO ministerial conference: Piyush Goyal
"India is 100% satisfied with the outcome of WTO's MC12 conference. India was successful in ensuring the livelihood of its farmers and fishermen," Goyal said.
WTO Summit | For the first time in 7 years, nations set to strike deals on global Covid vaccine waiver, fisheries subsidies
The once-in-two-year mega meeting of trade ministers from all 164 WTO member nations which legislate on global trade has concluded in Geneva, Switzerland.
India trying to build consensus over vaccine patent waiver, resists agri talks as WTO summit enters last day: Officials
But as member nations struggle to compromise on almost all key issues, the 12th biennial summit of the World Trade Organization (WTO) has been extended by a day to Thursday.
WTO Summit extended by a day as consensus eludes nations on all issues
WTO Director-General Ngozi Okonjo-Iweala called on member nations to go the extra mile to find convergence on the various issues at stake at the 12th Ministerial Conference (MC12) and to be mindful that time is running out to conclude meaningful agreements.
WTO Summit | Piyush Goyal says trade body's reform should focus on helping developing and poor economies, bats for multilateralism
Commerce and Industry Minister Piyush Goyal has told the ongoing 12th Ministerial Conference of the WTO that the long due reform of the global body should focus on preserving the special and differnetial treatment accorded to developing and least developed countries.
WTO Summit | Developed nations industrial fishing fleets should be held responsible for overfishing: Commerce Minister
India has pushed for a stronger global agreement to battle overfishing based on the principles of 'common but differentiated responsibility and 'polluter pays' whereby developed nations that have exploited the most oceanic resources being held responsible for marine ecosystem collapse and cutting back subsidies more.
Exclusive| India won’t bend on new WTO global plan on food exports: sources
India is one of the only three nations fighting the plan to put blanket restrictions on the right of nations to stop foodgrain exports to the World Food Programme at the ongoing 12th WTO ministerial conference
Happy ending for India as WTO conference wraps up with global deals? Find out
At one stage, a series of demands from India, which sees itself as the champion of poor farmers and fishermen as well as developing countries, appeared set to paralyse talks but accommodations were found.
India, Iran get back to Chabahar port, INSTC route eyeing renewed Russia trade
The 7,200-km long International North South Transport Corridor (INSTC) is India's grand plan to cut short the time it takes for trade shipments to reach Russia, Europe and central Asian markets.
Exclusive | India will be forced to ask Qatar, Kuwait to rein in elements seeking public apology, boycott of products: Officials
India has stated clearly that it does not tolerate insults targeted against any religion, and that freedom of religion is upheld by the government for all, but vested interests in many countries are looking to escalate the issue.
India's bio-economy has grown 8 times in the past 8 years to $80 billion: PM at Biotech Startup Expo
Modi also launched the biotech showcase portal, which parades 750 indigenous products and technologies from the biotech sector
Exclusive | Govt considering express approval for export of 1.1 mn tonnes of wheat stuck at ports
Since India banned private wheat exports on May 13, exporters have been using a registration process to apply for shipping out wheat that has already received Letters of Credit. Nearly 1.1 million tonnes of such stock currently await scrutiny at ports, and run the risk of being destroyed by monsoon rains in just a week from now.
In post-Brexit era, Indian industry should shift investments from UK to France to access European markets: French Ambassador
France is currently the top most destination for FDI into Europe even though it ranks third on the list of Indian investments in the continent.
Exclusive | India pushes for rice exports as bumper harvest swells supply
The government has deployed diplomats posted at Indian embassies abroad to push rice exports. Talks are underway with some countries for substituting wheat exports, banned in May, with rice.
Government orders physical verification for documents to check breach in wheat export ban
In an order issued on Tuesday, the Directorate General of Foreign Trade has directed Regional Authorities to physically verify all documents of applicants for export of wheat before issuing Registration Certificates (RCs).
FIEO launches first-of-its-kind B2B digital marketplace for exporters, MSMEs and farmers
The portal will digitize Indian exporters and help them become discoverable online, promote exports from all Indian states, and showcase a wider range of products & services.
Modi Govt @ 8 | Assertive, personality-driven foreign policy sees India making new friends, struggling against old foes
The government has deployed a muscular, no-nonsense foreign policy that has won it popularity at home. Many believe India had taken a passive, backroom approach to settling issues for too long, with few tangible benefits to show for it.
Exclusive | US-led Indo-Pacific Economic Framework won't be a trade pact
The White House has stated that the IPEF will frame rules for the digital economy, including standards on cross-border data flows and data localisation. But officials say the new partnership is based on broad intent and not fixed outcomes.
India resists move by developed countries to dilute TRIPS waiver for COVID vaccines before WTO meet
Rich economies such as the United States, European Union, United Kingdom and Canada have till now blocked a plan to temporarily waive global Intellectual Property Rights rules for COVID-19 vaccines at the WTO. Now they are actively diluting it before the all-powerful Ministerial Conference on June 12 in Geneva.
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