Jun 21, 2022 04:55 PM ISTIndia should be disappointed as a permanent solution on public stockholding of food grains was not discussed at the 12th Ministerial Conference
Jun 20, 2022 06:24 PM IST In today’s edition of Moneycontrol Pro Panorama: The lure of BSE, the Eastern Window, banks make merry but, fighting the Agnipath fire, and more
Jun 17, 2022 09:31 PM IST Despite a robust worldwide campaign against Indian farmers and fishermen, India was able to get a favourable conclusion at the WTO after many years, commerce and industry minister Piyush Goyal said here on Friday.
Jun 17, 2022 04:27 PM IST 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.
Jun 17, 2022 12:59 PM IST The World Trade Organization ministers reach historic agreements on response to fishing subsidies, food insecurity and Covid-19 vaccines in a landmark bundle of agreements secured through hectic round-the-clock talks.
Jun 17, 2022 11:54 AM IST WTO ministers approved a package of agreements that included the vaccine patent waiver, which Director-General Ngozi Okonjo-Iweala previously said was necessary to end the “morally unacceptable” inequity of access to Covid-19 vaccines.
Jun 17, 2022 11:39 AM IST The deals were ground out over five days of bargaining at a conference of more than 100 trade ministers that was seen as a test of the ability of nations to strike multilateral trade deals amid the Russia-Ukraine war
Jun 17, 2022 10:00 AM IST "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.
Jun 17, 2022 09:09 AM IST After a gap of about nine years the WTO members reached a pact — fisheries subsidies agreement. The four-day talks which began on June 12 concluded early Friday.
Jun 17, 2022 07:01 AM IST The countries are still arguing over small details holding up a decision on these crucial issues
Jun 17, 2022 06:47 AM IST 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.
Jun 16, 2022 11:04 AM IST 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.
Jun 15, 2022 10:00 PM IST 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.
Jun 15, 2022 08:08 PM IST 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.
Jun 15, 2022 04:41 PM IST The WTO's four-day 12th Ministerial Conference (MC12) has been extended by one day until Thursday to allow for more discussion of the main issues.
Jun 15, 2022 02:34 PM IST During its June 12-15 ministerial conference, its first major meeting in over four years, the 164-member body is seeking to agree on a response to the COVID-19 pandemic, a reduction of fishing subsidies, pledges on food security and the launch of an internal reform.
Jun 15, 2022 09:36 AM IST For every fisher family, India gives barely USD 15 subsidy in a year. On the other hand, there are countries which give as high as USD 42,000, USD 65,000 and USD 75,000 to one fisherman's family. "That is the extent of disparity that is sought to be institutionalised, through the current fisheries text," commerce and industry minister Piyush Goyal said.
Jun 15, 2022 06:29 AM IST The Director General of the World Trade Organisation (WTO) has proposed to extend the ministerial conference by one day, they said. Member countries of the organisation have gathered here to finalise an agreement on disciplining subsidies to promote sustainable fishing, and a package in response to the Covid-19 Pandemic.
Jun 14, 2022 06:09 PM IST 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
Jun 14, 2022 03:43 PM IST Famous Indian goods which carry the tag include Basmati rice, Darjeeling tea, Chanderi fabric, Mysore silk, Kullu shawls, Kangra tea, Thanjavur paintings, Allahabad surkha, Farrukhabad prints, Lucknow zardozi and Kashmir walnut wood carvings.
Jun 14, 2022 08:06 AM IST During an agri intervention in a WTO session, commerce and industry minister Piyush Goyal said that the World Food Programme (WFP) over the last few years has demonstrated its inability to really ramp up supplies to the countries in distress.
Jun 14, 2022 07:18 AM IST The 164-member trade body is seeking to reach two agreements at a major meeting of trade ministers this week in Geneva on steps to alleviate a food crisis that threatens the least developed and most vulnerable countries.
Jun 13, 2022 07:12 PM IST "Economic resilience demands that we balance production and consumption more locally. That is the basis on which we are investing," Sridhar Vembu tweeted.
Jun 13, 2022 07:10 AM IST Piyush Goyal said that the member countries of the World Trade Organisation (WTO) have let down the people of the LDCs (least developed countries) and developing nations.
Jun 13, 2022 06:28 AM IST Meanwhile, a source said that there is a discussion in the WTO (World Trade Organisation) on issuing a declaration that says countries will not impose export restrictions on the procurements made by WFP (World Food Programme).
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